The opening Capital of a concern is Rs.30000/-
owner withdral for personal use Rs.28000/-
Closing capital balance of concern is Rs.37000/-
choose the correct answer from the following.
1.Net Loss Rs.14000/-
2.Net Profit Rs.35000/-
3.Net profit Rs.14000/-
4.Net Loss Rs.35000/-
Answer Posted / koustab saha
Closing balance of the concern 37000
add: Withdrawal for personal use 28000
Less:Opening Capital of the concern 30000
Net Profit 35000
Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
Why do you want to work with us
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
give the details of overheads which are not included in costing
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
what is the difference between speculation & investment?
do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.
Example for extra ordinary expenditure?
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
What is meant by retiring Bill
I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??
Who to create a budget on software company
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
How & When We Calculate Deffered Tax... Please Give me Some Example.?
explain about mergers & aquisitions? asked on 30/7/09
How do you manage the sales account in tally