[DK Goel] Q. 10 Accounts from Incomplete Records Solutions Class 11 CBSE (2025-26)
Solutions of Question number 10 of Chapter 22 Accounts from Incomplete Records DK Goel class 11 CBSE (2025-26)
The Capital of Sh. Madhusudan on 1st April, 2022 was ₹ 5,00,000 and on 31st March, 2023 was ₹ 4,80,000. He has informed you that he withdrew from the business ₹ 8,000 per month for his private use. He paid ₹ 20,000 for his income-tax and the instalment of the loan of his personal house at the rate of ₹ 15,000 per month from the business. He had also sold his shares of Reliance Company costing ₹ 1,00,000 at a profit of 20% and invested half of this amount in the business. Calculate the profit or loss of the business.
[Ans. Profit ₹ 2,16,000.]
Solution:-
Below is the list of all solutions
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
