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Ram started business on 1st April …

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Ram started business on 1st April 2017 with a capital of 25000 and loan of 12500 on 31st March 2008 18 has his assets were50000 find the capital ason 31 March 2018 and profile earned the year

    • Posted by Raj Parihar 6 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Alisha Wadhwa 6 years, 2 months ago

    Closing capital= closing assets- closing liability = 50,000-12500 =37500. Profit = closing cap. - op. Cap. = 37500-25000 =12,500.

    17Thank You

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