Mr. Muneesh maintains his books of accounts from incomplete records. His books provide the information : He
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Mr. Muneesh maintains his books of accounts from incomplete records. His books provide the information :
He withdrew Rs. 300 per month for personal expenses. He sold his investment of Rs. 16,000 at 2% premium and introduced that amount into business.
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Answer To find the profit or loss for the year we need to calculate the capital at the beginning and at the end of the year considering the given info...View the full answer
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