[ISC] Q 3 Solution Accounts from Incomplete Records TS Grewal Class 11 (2022-23)

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Solution of Question number 3 Accounts from Incomplete Records TS Grewal class 11 ISC 2022-23?

Ranjeet maintains books of account on Single Entry System. He gives you the following information:

Capital on 1st April, 2021
₹15,200
Capital introduced on 1st August, 2021
₹ 2,000
Capital on 31st March, 2022₹16,900Drawings made during the year₹48,00

Calculate the profit earned or loss incurred by Ranjeet.

Solution:-

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