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Yogesh commenced business on 1st April …

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Yogesh commenced business on 1st April 2011 with a capital of ₹5,00,000 and a loan of ₹1,00,000 borrowed from citi bank .on 31st march ,2012 , his assets were ₹8,00,000.calculate his closing capital and profit earned during the year.

    • Posted by Sakshi Sharma ??️??️??️ 7 years, 7 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Anamika Gupta 7 years, 7 months ago

    Capital 7,00,000 Profit 2,00,000

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