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From the following information, Calcula...

From the following information, Calculate Capital at the beginning :
Capital at the end of the year = Rs 4,00,000
Drawings made during the year = Rs 60,000
Fresh Capital introduce during the year = Rs 1,00,000
Profit of the current year = Rs 80,000

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Verified by Experts

The correct Answer is:
Capital at the beginning of the year: Rs 2,60,000.
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NCERT-ACCOUNTS FROM INCOMPLETE RECORDS-Numerical questions
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  2. From the information given below ascertain the profit for the year : ...

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  3. From the following information, Calculate Capital at the beginning : ...

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  5. Mrs.Anu started firm with a capital of Rs 4,00,000 on 1st October. 201...

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  7. Mr. Akshat keeps his books on incomplete records following information...

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  8. Gopal does not keep proper books of account. Following information is ...

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  9. Mr. Muneesh maintains his books of accounts from incomplete records. H...

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  10. Mr. Girdhari Lal does not keep full double entry records. His balance ...

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  11. Mr. Ashok does not keep his books properly. Following information is a...

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  12. Krishna Kulkarni has not kept proper books of accounts prepare the sta...

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  13. M/s Saniya Sports Equipment does not keep proper records. From the fol...

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  14. From the following information calculate the amount to be paid to cred...

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  15. Find out the credit purchases from the following:

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  16. From the following information calculate total purchases.

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  17. The following information is given Calculate credit purchases dur...

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  18. From the following, calculate the amount of bills accepted during the ...

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  19. Find out the amount of bills matured during the year on the basis of i...

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  20. Prepare the bills payable account from the following and find out miss...

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