[CBSE] Q 3 Accounts for Incomplete Records Solutions (2023-24)

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Solution of Question number 3 Accounts for Incomplete Records (Single Entry System) CBSE Board (2023-24)

Capital of Ganesh Gupta in the beginning of the year was ₹ 70,000. During the year his business earned a profit of ₹ 20,000, he withdrew ₹ 7,000 for his personal use. He sold ornaments of his wife for ₹ 20,000 and invested that amount into the business. Find out his Capital at the end of the year.

[Capital at the end – ₹ 1,03,000.]

Solution:-

Following is the list

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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