From the following particulars , prepare the account of D . Budhiraja , the proprietor of a business : {:(,,,"₹"),((i), "Capital introduced" ,, 30","000), ((ii), "Drawings made by him" ,, 6","500) , ((iii) ,"Further Capital introduced" ,, 22","000), ((iv) ,"Profits for the period " ,, 7","500):} Balance the same and explain what the closing balance indicates.

From the following particulars , prepare the account of D . Budhiraja

1.	From the following particulars , prepare the account of D . Budhiraja , the proprietor of a business : {:(,,,"₹"),((i), "Capital introduced" ,, 30","000), ((ii), "Drawings made by him" ,, 6","500) , ((iii) ,"Further Capital introduced" ,, 22","000), ((iv) ,"Profits for the period " ,, 7","500):} Balance the same and explain what the closing balance indicates.
Answer» <html><body><p></p>Solution :<img src="https://d10lpgp6xz60nq.cloudfront.net/physics_images/TSG_ACC_XI_C06_S01_010_S01.png" width="80%"/> <br/> <a href="https://interviewquestions.tuteehub.com/tag/note-1125278" style="font-weight:bold;" target="_blank" title="Click to know more about NOTE">NOTE</a> : Proprietor's Capital Account has a credit balance of ₹ 53,000 which <a href="https://interviewquestions.tuteehub.com/tag/indicates-1041501" style="font-weight:bold;" target="_blank" title="Click to know more about INDICATES">INDICATES</a> that the business <a href="https://interviewquestions.tuteehub.com/tag/owes-7703111" style="font-weight:bold;" target="_blank" title="Click to know more about OWES">OWES</a> him this <a href="https://interviewquestions.tuteehub.com/tag/amount-374803" style="font-weight:bold;" target="_blank" title="Click to know more about AMOUNT">AMOUNT</a> .</body></html>

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