accounts from i...

Simian tells you that her capital on 31st march, 2011 is Rs.25, 00,000 and her capital on 31st march, 2010 was Rs.18, 00,000. She further informed you that during the year she gave a loan of Rs.4, 00,000 to her sister on private account and withdrew Rs 15,000 per month for personal purposes. She also used a flat for her personal use, the rent of which Rs.8,000 per month and electricity charges at an average rate of Rs 6000 per quarter were paid from the business account. During the year Simran sold her 10,000 shares of ABC Ltd.in the open market at a price of Rs.150 per share and brought that money in to the business. Ascertain the amount of profit or loss.

From the following information are given of an accounting year:
1. Opening creditor Rs.10,000
2. Cash paid to creditors Rs.30,000
3. Return out ward Rs.2,000
4. Closing creditors Rs.24,000
Calculate credit purchase during the year.

Calculate profit from the following information
Opening capital: Rs.5000, Closing capital-Rs.7000, Withdrawn- Rs.1000, Fresh capital-Rs.500

Calculate Opening capital from the following information
Profit: Rs.500, Closing capital- Rs.3000, Withdrawn- Rs.600, Fresh capital- Rs.400

Calculate Closing capital from the following information
Profit: Rs.900, Opening capital-Rs.8000, Withdrawn-Rs.1200, Fresh capital-Rs.1000

Calculate Drawing from the following information
Profit: Rs.4000, Opening capital-Rs.30000, Closing capital -Rs.35000, fresh capital-Rs.6000

Calculate Fresh capital from the following information
Profit: Rs.2800, Opening capital-Rs.20000, Closing capital -Rs.25000, Withdrawal - Rs.1800

Calculate profit from the following information
Opening capital: Rs.120000, closing capital-Rs.180000, Drawings-Rs.10000, capital added during the year-Rs.20000

Calculate profit from the following information
Opening capital: Rs.36000, closing capital-Rs.54000, Drawings-Rs.3000, capital added during the year-Rs.6000.Calculate profit

Capital in the beginning – Rs.24000, profit made during the year-Rs.4000, drawings- Rs.8000, Capital introduced during the year- Rs.12000.Calculate capital at the end