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- Opening capital 13,730
Profit :9000 – 3000 = 6000/-
Additional investment = 50,000/-
Closing capital 62,230/-
Closing capital = opening capital + (profit +addition Investment ) - (loss +drawings)
62,230 = (13,730+6000+50,000) - (drawings)
62,230 = 69,730 – D
D= 69,730 – 62,230
Drawings = 7,500/-
Kavungya answered the question on April 3, 2019 at 11:39
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