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Following information is given below: calculate the closing capital (3 marks)
April.01, 2016
March.31, 2017
Rs
Creditors
5,000
30,000
Bills payable
10,000
–
Loan
50,000
Bills receivable
Stock
Cash
2,000
20,000
Calculation of profit or loss and ascertainment of statement of affairs at the end of the year (Opening Balance is given)
By: santosh ProfileResourcesReport error
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