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If A closing capital is eighty six thousand rupees profit share is ten thousand rupees and drawings are six thousand rupees what was opening capital under fluctuating method?

Answer and explanation

Correct answer: Eighty two thousand rupees

To find opening capital subtract profit from closing capital and add drawings. Eighty six thousand minus ten thousand plus six thousand equals eighty two thousand.

Related tags

Opening CapitalFluctuating CapitalNumericalCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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