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When capital in the beginning is ₹ 10,000, drawings during the year is ₹ 6,000, profit made during the year is ₹ 2,000 and the additional capital introduced is ₹ 3,000, find out the amount of capital - Accountancy

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प्रश्न

When capital in the beginning is ₹ 10,000, drawings during the year is ₹ 6,000, profit made during the year is ₹ 2,000 and the additional capital introduced is ₹ 3,000, find out the amount of capital at the end.

विकल्प

  • ₹ 9,000

  • ₹ 11,000

  • ₹ 21,000

  • ₹ 3,000

MCQ

उत्तर

₹ 9,000

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Ascertaining Profit Or Loss from Incomplete Records Through Statement of Affairs
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Accounts from incomplete records - Multiple choice questions [पृष्ठ ३१]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 1 Accounts from incomplete records
Multiple choice questions | Q I 9. | पृष्ठ ३१

संबंधित प्रश्न

Opening statement of affairs is usually prepared to find out the ___________.


Which of the following items relating to bills payable is transferred to the total creditors account?


The amount of credit sales can be computed from _____________.


State the accounts generally maintained by small sized sole trader when a double-entry accounting system is not followed.


What is a statement of affairs?


State the procedure for calculating profit or loss through the statement of affairs.


From the following particulars ascertain profit or loss:

Particulars
Capital at the beginning of the year (1st April, 2018) 5,00,000
Capital at the end of the year (31st March, 2019) 8,50,000
Additional capital introduced during the year 1,20,000
Drawings during the year 70,000

From the following particulars ascertain profit or loss.

Particulars
Capital as on 1st January 2018 2,20,000
Capital as on 31st December 2018 1,80,000
Additional capital introduced during the year 40,000
Drawings made during the year 50,000

From the following details, calculate the missing figure.

Particulars
Closing capital as on 31.3.2018 80,000
Additional capital introduced during the year 30,000
Drawings during the year 15,000
Opening capital on 01.4.2017 ?
Loss for the year ending 31.3.2018 25,000

Ananth does not keep his books under double entry system. Find the profit or loss made by him for the year ending 31st March, 2019.

Particulars 31.3.2018
31.3.2019
Cash at Bank 5,000 (Dr.) 60,000 (Cr.)
Cash in hand 3,000 4,500
Stock of goods 35,000 45,000
Sundry Debtors 1,00,000 90,000
Plant and Machinery 80,000 80,000
Land and Buildings 1,40,000 1,40,000
Sundry Creditors 1,70,000 1,30,000

Ananth had withdrawn ₹ 60,000 for his personal use. He had introduced ₹ 17,000 as capital for the expansion of his business. Create a provision of 5% on debtors. Plant and machinery is to be depreciated at 10%.


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