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प्रश्न
From the following details, calculate the capital as on 31st December 2018.
Particulars | ₹ |
Capital as on 1st January, 2018 | 1,00,000 |
Goods withdrawn for personal use by the owner | 30,000 |
Additional capital introduced during the year | 15,000 |
Profit for the year | 60,000 |
उत्तर
Statement of Profit or Loss
Particulars | ₹ |
Closing capital | 1,45,000 |
(+) Drawings | 30,000 |
1,75,000 | |
(−) Additional capital | 15,000 |
Adjusted capital | 1,60,000 |
(−) Opening capital | 1,00,000 |
Profit | 60,000 |
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संबंधित प्रश्न
Statement of affairs is a ___________.
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 _____________.
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.
Opening balance of debtors: ₹ 30,000, cash received: ₹ 1,00,000, credit sales: ₹ 90,000; closing balance of debtors is ______________.
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 |
From the following details, calculate the missing figure:
Particulars | ₹ |
Capital as on 1st April, 2018 | 40,000 |
Capital as on 31st March, 2019 | 50,000 |
Additional capital introduced during the year | 7,000 |
Profit for the year | 8,000 |
Drawings during the year | ? |
Following are the balances in the books of Thomas as on 31st March 2019.
Particulars | ₹ | Particulars | ₹ |
Sundry creditors | 6,00,000 | Bills payable | 1,20,000 |
Furniture | 80,000 | Cash in hand | 20,000 |
Land and building | 3,00,000 | Bills receivable | 60,000 |
Sundry Debtors | 3,20,000 | Stock | 2,20,000 |
Prepare a statement of affairs as on 31st March 2019 and calculate capital as at that date.
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%.