Ravi, who keeps his books on Single Entry System, had his capital on 31st March, 2016 ₹ 20,000 and on 1st April, 2015 was ₹ 16,700
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Ashok keeps incomplete records. The position of his business on 1st April, 2022 was as follows: Cash in Hand ₹ 2,200; Cash at Bank ₹ 5,400; Stock ₹ 25,100
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Charu do not keep proper books of accounts. Prepare the statement of profit or loss for the year ending 31-3-2023 from the following information:
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On 1st April 2019, Mr. Ghosh started business with a capital of ₹ 5,00,000. He kept his books on single entry basis. Soon after he purchased furniture for ₹ 40,000 and purchased goods for ₹ 3,00,000
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Raghuveer keeps incomplete records. His position was as follows:
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Following incomplete information is available from records maintained by Mr. X:
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Suchitra started a business on 1st April, 2024 with a Capital of ₹ 50,00,000. On 31st March, 2025 her total Assets were ₹ 60,00,000 and Creditors were 3,00,000
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Calculate Closing Capital: Opening Capital ₹ 90,000; Profit for the year ₹ 25,000; Drawings ₹ 17,000
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From the following information, calculate capital at the beginning Capital at the end of the year ₹ 24,00,000
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Tulsi started business on 1st April, 2024 with a capital of ₹ 4,50,000. On 31st March, 2025 her position was as under:
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