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1.When capital in the beginning is ` 10,000, drawings during the year is ` 6,000, profit made during the year is ` 2,000 and the additional capital introduced is ` 3,000, find out the amount of capital at the end. (a) ` 9,000 (b) ` 11,000 (c) ` 21,000 (d) ` 3,000?
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1.When capital in the beginning is ` 10,000, drawings during the year ...
Calculation of Capital at the End:

Given,
Capital in the beginning = ` 10,000
Drawings during the year = ` 6,000
Profit made during the year = ` 2,000
Additional capital introduced = ` 3,000

Step 1: Calculate the net profit or loss

Net profit or loss = Profit made during the year - Drawings during the year
= 2,000 - 6,000
= -4,000 (Since the result is negative, it is a loss)

Step 2: Calculate the total capital

Total capital = Capital in the beginning + Additional capital introduced
= 10,000 + 3,000
= ` 13,000

Step 3: Calculate the capital at the end

Capital at the end = Total capital + Net profit or loss
= 13,000 - 4,000
= ` 9,000

Hence, the amount of capital at the end is ` 9,000.

Note: The correct option is (a) ` 9,000.
Community Answer
1.When capital in the beginning is ` 10,000, drawings during the year ...
Option a is correct

closing capital. 9000
Add drawings during the year. 6000
15000
Less additional capital introduced. 3000
opening capital.
Adjusted closing capital. 12000
Less. opening capital. 10000
profit. = 2000
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1.When capital in the beginning is ` 10,000, drawings during the year is ` 6,000, profit made during the year is ` 2,000 and the additional capital introduced is ` 3,000, find out the amount of capital at the end. (a) ` 9,000 (b) ` 11,000 (c) ` 21,000 (d) ` 3,000?
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1.When capital in the beginning is ` 10,000, drawings during the year is ` 6,000, profit made during the year is ` 2,000 and the additional capital introduced is ` 3,000, find out the amount of capital at the end. (a) ` 9,000 (b) ` 11,000 (c) ` 21,000 (d) ` 3,000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about 1.When capital in the beginning is ` 10,000, drawings during the year is ` 6,000, profit made during the year is ` 2,000 and the additional capital introduced is ` 3,000, find out the amount of capital at the end. (a) ` 9,000 (b) ` 11,000 (c) ` 21,000 (d) ` 3,000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 1.When capital in the beginning is ` 10,000, drawings during the year is ` 6,000, profit made during the year is ` 2,000 and the additional capital introduced is ` 3,000, find out the amount of capital at the end. (a) ` 9,000 (b) ` 11,000 (c) ` 21,000 (d) ` 3,000?.
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