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If B closing capital is seventy thousand rupees share of loss is five thousand rupees and additional capital is ten thousand rupees what was opening capital?

Answer and explanation

Correct answer: Sixty five thousand rupees

Deduct additional capital from closing capital and add back loss. Seventy thousand minus ten thousand plus five thousand equals sixty five thousand.

Related tags

Opening CapitalLossAdditional CapitalCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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