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29. Alia started a business on 1st March, 2018 with a capital of Rs.4,50,000. At the end of the year her position was: Particulars 31st
29. Alia started a business on 1st March, 2018 with a capital of Rs.4,50,000. At the end of the year her position was: Particulars 31st March, 2019 Cash Bills Receivable Stock Land and Building Furniture 99,000 75,000 48,000 1,80,000 50,000 She owed Rs.45,000 to her friend Priya on that date. She withdrew three times from business for her private expenses, each time she withdrew Rs.9,000. She gave Rs.2,000 to her brother from business, which she omitted to enter. You are required to ascertain profit or loss made by her during the year.
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