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/-
- 15 Answers
- 16631 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / shiva kumar
Opening Capital of the concern 30000
Less Withdrawal for personal use 28000
Total 2000
Add Net Profit 35000
Closing balance of the concern Total 37000
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
what is the use of special general ledger if the normal trasaction in usage.
hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
would gross expenditure vouch the correctness or otherwise of the given expenses?
it is better to invest in which securities short term/long term or both? please reason4 the same
company accounts introduction?
What is the Finalization of Accounts?
EXPAND_________SDJMC
EXPAND___________NBFCS
what is cc limit and what role accountant play to maintain it?
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
what is Exposure ?
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
In sales what rule applicable
Can I check my Vantage credit score range online?
