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Determine the capital of Pranav as on 31st March, 2017, if his position as on that datewas as follows : He owns machinery of Rs. 40,000; Building of Rs. 1,20,000; furniture of Rs. 15,000 and cash in hand was Rs. 6000. He owes Rs. 45,000 to creditors and has a bank loan of Rs. 18,000 taken from SBI Bank. |
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