Vidyalelo
Commerce · Q907

Accounting

Graduate and Post Graduate · Commerce · question 907

Q907

If capital on 1st January is Rs. 19,400 and on 31st December is Rs. 21,500, drawing is Rs. 4,300. Find profit/loss?

A.
Rs. 2,000 Profit
B.
Rs. 2,200 Loss
C.
Rs. 6,400 Profit
Answer
D.
Rs. 6,400 Loss

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board