[DK Goel] Q. 5 Accounts from Incomplete Records Solutions Class 11 CBSE (2025-26)
Solutions of Question number 5 of Chapter 22 Accounts from Incomplete Records DK Goel class 11 CBSE (2025-26)
Q. 5 (A) From the following information, calculate capital at the beginning:
| ₹ | |
| Capital at the end of the year | 24,00,000 |
| Drawing made during the year : ₹ 10,000 per month | |
| Fresh Capital introduced during the year | 4,00,000 |
| Profit of the current year | 6,00,000 |
[Ans. Capital at the beginning of the year ₹ 14,60,000]
Solution:-
Q. 5 (B) Calculate Closing Capital:
Opening Capital ₹ 90,000; Profit for the year ₹ 25,000; Drawings ₹ 17,000. During the year proprietor sold ornaments of his wife for ₹ 40,000 and invested the same in business.
[Ans. Closing Capital ₹ 1,38,000.]
Solution:-
