The Total solution for NCERT class 6-12
Rs
Capital at the end of the year
4,00,000
Drawings made during the year
60,000
Fresh capital introduce during the year
1,00,000
Profit of the current year
80,000
Capital in the beginning
=
Capital at the end + Drawings – (Fresh Capital Introduced + Profit)
4,00,000 + 60,000 – (1,00,000 + 80,000)
Rs 2,80,000