Chapter 5 – Accounting Equations – TS Grewal 2022
Question 26
Pranav started a business on 1st April, 2021 with capital of ₹5,50,000. On 31st March, 2022 his total assets were ₹10,75,000 and liabilites were ₹2,92,500. Calculate the amount by which his capital has increased as on 31st March, 2022.
Solution:
Pranav started a business on 1st April
