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प्रश्न
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 | ? |
उत्तर
Statement of Profit or Loss
Particulars | ₹ |
Closing capital | 50,000 |
(+) Drawings | 5,000 |
55,000 | |
(−) Additional capital | 7,000 |
Adjusted capital | 48,000 |
(−) Opening capital | 40,000 |
Profit | 8,000 |
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संबंधित प्रश्न
Statement of affairs is a ___________.
What is the amount of capital of the proprietor, if his assets are ₹ 85,000 and liabilities are ₹ 21,000?
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 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 |
On 1st April 2018 Subha started her business with a capital of ₹ 1,20,000. She did not maintain a proper book of accounts. Following particulars are available from her books as on 31.3.2019.
Particulars | ₹ | Particulars | ₹ |
Bank overdraft | 50,000 | Stock-in-trade | 1,60,000 |
Debtors | 1,80,000 | Creditors | 90,000 |
Bills receivable | 70,000 | Bills payable | 2,40,000 |
Computer | 30,000 | Cash in hand | 60,000 |
Machinery | 3,00,000 |
During the year she withdrew ₹ 30,000 for her personal use. She introduced further capital of ₹ 40,000 during the year. Calculate her profit or loss.
Which of the following items relating to bills payable is transferred to the total creditors account?
What is the amount of capital of the proprietor, if his assets are ₹ 85,000 and liabilities are ₹ 21,000?