From the following particulars, prepare the Proprietor’s Capital A/c. Started business with ₹ 45,000
From the following particulars, prepare the Proprietor’s Capital A/c
| April 1 | Started business with | 45,000 |
| May 10 | Withdrew from business for personal use | 10,000 |
| July 15 | Further capital introduced | 55,000 |
| Nov. 30 | Income tax paid | 5,000 |
| March 31 | Profit for the year | 30,000 |
[Ans. Balance of Capital Account ₹ 1,15,000]
Anurag Pathak Answered question June 5, 2024
