Question
Closing capital= Rs 2,00,000 , Profit = Rs 50,000 , Drawings = Rs 5,000, what will be the opening capital ?
Answer: Option C
:
C
Opening capital = Closing capital - Profit + Drawings = Rs 1,55,000.
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:
C
Opening capital = Closing capital - Profit + Drawings = Rs 1,55,000.
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