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 / satyanarayana raju
Opening capital--------30000
Add Net Profit---------35000
Less Withdrawl---------28000
Closing Capital--------37000
Is This Answer Correct ? | 41 Yes | 11 No |
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