1.

From the following particulars, prepare the proprietor's Capital Account: 2013 ₹ April 1 Started business with 45,000 May 10 Withdrew from business for personal use 10,000 July 15 Further Capital introduced 55,000 Nov. 30 Income tax paid 5,000 2014 Mar. 31 Profit for the year 30,000

Answer» From the following particulars, prepare the proprietor's Capital Account:











































2013
April 1 Started business with 45,000
May 10 Withdrew from business for personal use 10,000
July 15 Further Capital introduced 55,000
Nov. 30 Income tax paid 5,000
2014
Mar. 31 Profit for the year 30,000


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