When capital at Jan. 01 Rs. 19,400, capital at December 31 Rs. 21,500, drawings Rs. 4,300. What is the amount of profit or loss?(A) Rs. 2,200 (profit) (B) Rs. 2,200 (loss)(C) Rs. 6,400 (profit) (D) Rs. 6,400 (loss)

When capital at Jan. 01 Rs. 19,400, capital at December 31 Rs. 21,500,

1.	When capital at Jan. 01 Rs. 19,400, capital at December 31 Rs. 21,500, drawings Rs. 4,300. What is the amount of profit or loss?(A) Rs. 2,200 (profit) (B) Rs. 2,200 (loss)(C) Rs. 6,400 (profit) (D) Rs. 6,400 (loss)
Answer» 2000 and 200 is the LOSS ACTUALLY

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When capital at Jan. 01 Rs. 19,400, capital at December 31 Rs. 21,500, drawings Rs. 4,300. What is the amount of profit or loss?(A) Rs. 2,200 (profit) (B) Rs. 2,200 (loss)(C) Rs. 6,400 (profit) (D) Rs. 6,400 (loss)

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