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Commerce · Q2469

Accounting

Graduate and Post Graduate · Commerce · question 2469

Q2469

When capital at the end is Rs. 21,500 drawings Rs. 4,300 and capital in the beginning Rs. 19,400, what is the amount of profit or loss?

A.
Rs. 2,200 (profit)
B.
Rs. 2,200 (loss)
C.
Rs. 6,400 (profit)
Answer
D.
Rs. 6,400 (loss)

Answer: Option C

Solution

Answer: Option C
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