Experts please!! tell me explanation of this Question: b

Experts please!! tell me explanation of this Question: b and a loan of taken from Purvao his assets were e 15.00.000. Find out his Capital on profits made or losses incurred during the year 201 1-2012. (b) If in the above illißtration. the proprietor had introduced addiuorul 125,000 and had withdrawn for personal purBÄ fir3 profit. soumo,v: (a) Closing Capital Profit Closing Assets - Closing Liabilities ers.oo.ooo - ?2.oo.ooo Closing Capital (Wing Capttal C13.oo.ooo . es.so.ooo Closing Capital • I)rauing Additional Capital - t13.oo.c»o • 00.000 . . t7.so.ooo u.65.ooo

Closing capital = opening capital + additional capital - drawings + profit - loss.

You can use above equation to solve your questions.
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