Calculate missing figures from the information below: Capital as on 1" April, 2017 2,50,000 Capital as on 31“ March, 2018 2,75,000 Additional capital introduced during the year 30,000 Profit for the year 15,000 Drawings during the year

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter16: Financial Planning And Forecasting
Section: Chapter Questions
Problem 2P: AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the companys year-end...
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Calculate missing figures from the information below:
Capital as on 1" April, 2017
2,50,000
Capital as on 31" March, 2018
2,75,000
Additional capital introduced during the year
30,000
Profit for the year
15,000
Drawings during the year
Transcribed Image Text:Calculate missing figures from the information below: Capital as on 1" April, 2017 2,50,000 Capital as on 31" March, 2018 2,75,000 Additional capital introduced during the year 30,000 Profit for the year 15,000 Drawings during the year
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