Q1173
A sole trader introduced fresh capital during the year Rs. 10,000 and his drawings were Rs. 4,000. If the profit of the year is Rs. 3,000 and the closing balance of capital is Rs. 40,000, the the balance of capital at the beginning of the year will be
A.
Rs. 21,000
B.
Rs. 31,000
AnswerC.
Rs. 41,000
D.
Rs. 28,000
Answer: Option B
Solution
Answer: Option B
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