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On 31 march 2006 the total assest and external liabilities where rate Rs 100000 and Rs 3000 respectively. During the year the proprietor and introduced
On 31 march 2006 the total assest and external liabilities where rate Rs 100000 and Rs 3000 respectively. During the year the proprietor and introduced additional capital of Rs 10000 and had withdrawn Rs6000 for personal use. He made a profit of Rs 10,000 during the year Calculate capital as on 1st April 2005.
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