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Commerce · Q2334

Accounting

Graduate and Post Graduate · Commerce · question 2334

Q2334

Capital at the beginning of the year Rs. 10,500, Annual drawing Rs. 6,500, Additional capital introduced during the year Rs. 3,500. What will be capital at the end if there is no profit or loss?

A.
Rs. 7,500
Answer
B.
Rs. 13,500
C.
Rs. 20,500
D.
Rs. 500

Answer: Option A

Solution

Answer: Option A
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