[CBSE] Q 23 Accounting Equation TS Grewal Class 11 (2023-24)

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Are you looking for the solution of Question number 23 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2023-24?

On 31st March, 2022, the total assets and external liabilities were ₹ 2,00,000 and ₹ 6,000 respectively. During the year, the proprietor had introduced capital of ₹ 20,000 and withdrawn ₹ 12,000 for personal use. He made a profit of ₹ 20,000 during the year. Calculate the capital as on 1st April, 2021.

[Opening Capital ₹ 1,66,000.]

Solution:-

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Anurag Pathak

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