Given January 1 December 31 Assets 30 - 000 Liabilities 13 - 000 Capital 16 - 500 Withdrawals by onwer during the year are Rs. 4000. What is the amount of capital on January 1 ?

🎲 Try a Random Question  |  Total Questions in Quiz: 125  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Commerce Knowledge Test — practice the complete quiz, review flashcards, or try a random question.


Given January 1 December 31 Assets 30 - 000 Liabilities 13 - 000 Capital 16 - 500 Withdrawals by onwer during the year are Rs. 4000. What is the amount of capital on January 1 ?