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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Mr. Vasudev does not keep proper records of his business. He provided following information. You are required to prepare a statement showing the profit or loss for the year
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Mr. Samrat does not keep proper books of accounts. He gives you the following information: Opening Capital ₹ 7,00,000
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Atul does not keep proper records of his business. He gives you the following information: Opening Capital ₹ 2,00,000
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The following balances were extracted from the books of Mr. Din Dayal as at 31st March, 2023 Stock at the beginning ₹ 41,000 Rent ₹ 9,600
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