(a) A starts a business and invests 50,000 on 1st April, 2017. On 31st March, 2018...

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(a) A starts a business and invests 50,000 on 1st April, 2017. On 31st March, 2018 his assets are 65,000 and liabilities are 6,000. Find out the amount of capital on 31st March, 2018 and his profit. (b) In the abové case, if the proprietor had invested 5,000 as additional capital and withdrawn 2,000, what will be your answer? (c) If A had withdrawn from his business 3,000 for personal use, find out the profit in this case. [(a) Capital 59,000, Profit 9,000; (b) Profit 6,000; (c) Profit 12,000.] (a) A starts a business and invests 50,000 on 1st April, 2017. On 31st March, 2018 his assets are 65,000 and liabilities are 6,000. Find out the amount of capital on 31st March, 2018 and his profit. (b) In the abové case, if the proprietor had invested 5,000 as additional capital and withdrawn 2,000, what will be your answer? (c) If A had withdrawn from his business 3,000 for personal use, find out the profit in this case. [(a) Capital 59,000, Profit 9,000; (b) Profit 6,000; (c) Profit 12,000.]

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