[ISC] Q 1 Solution Accounts from Incomplete Records TS Grewal Class 11 (2022-23)

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Solution of Question number 1 Accounts from Incomplete Records Solutions TS Grewal class 11 ISC Board 2022-23

Question – 1

The following information of an accounting year is given: Opening Capital ₹ 60,000; Drawings ₹ 5,000; Capital added during the year ₹ 10,000 and Closing Capital ₹ 90,000. Calculate Profit or Loss for the year.

Solution:-

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