Compute the capital of rahul at the begining of the year from the following information.

capital at the end of year---------- 75,000

drawings durin the year---------- 10,000

Paid Income tax--------------------- 2,000

Withdrew goods for domestic use----- 4,600

further captial introduces---------- 6,000

profit during the year---------------- 12,500

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opening adjusted capital=closing capital + drawings - additional capital

=75000+10000+4600 - 6000

=83600

Profit /loss of the year =opening adjusted capital - opening capital

12500=83600 - opening capital

=83600-12500

=71100

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