Capital = Rs. 1,20,000, Drawings = Rs. 10,000, Net profit = Rs. 10,000.
Net capital will be ______, which is shown in the balance sheet.

Rs. 1,00,000

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Rs. 1,10,000

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Rs. 1,20,000

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Rs. 90,000

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Solution

The correct option is C Rs. 1,20,000
Net Capital
= Capital - Drawings + Net Profit
= Rs. 1,20,000 - Rs. 10,000 + Rs. 10,000
= Rs. 1,20,000

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Capital = Rs. 1,20,000, Drawings = Rs. 10,000, Net profit = Rs. 10,000. Net capital will be ______, which is shown in the balance sheet.

The correct option is C Rs. 1,20,000Net Capital = Capital - Drawings + Net Profit = Rs. 1,20,000 - Rs. 10,000 + Rs. 10,000 = Rs. 1,20,000

Capital = Rs. 1,20,000, Drawings = Rs. 10,000, Net profit = Rs. 10,000.
Net capital will be ______, which is shown in the balance sheet.

The correct option is C Rs. 1,20,000
Net Capital
= Capital - Drawings + Net Profit
= Rs. 1,20,000 - Rs. 10,000 + Rs. 10,000
= Rs. 1,20,000