Please Help: Accounts
Posted Date : 06-Oct-2011 , 01:36:49 pm | Posted By: Puran Chand
Category :
Students | Answers :
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3. Opening capital 4,00,000 profit of the current year 1,00,000 then average capital is ____
a) 5,00,000 b) 4,50,000 c) 3,50,000 d) 3,00,000
solve pls, I cannt understand |
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Answers:
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 Answer by: PRIYANKA |
| Avg capital is Opening Capital + closing capita/2, Hence in this Case it would come out to Rs 450000/- as said by anu.
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| Answer by: AKHIL MAHESHWARI |
| yes, it is correct method and the answer is b) 450000, as in the question closing capital is unavailable, the formula will be average capital= opening capital + 1/2 of Profit After Tax.
and as per this formula the average capital calculated earlier is correct. For further bifurcation of the formula, you may ask.....
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| Answer by: CA VIKAS JAIN |
| 4,50000
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| Answer by: Ketan Samdani |
| Ans- 450000
( 400000 +500000 ) / 2
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| Comments |
| Posted By : Puran Chand |
09-Oct-2011, 08:17:56 |
| don't worry you be a CA, If you r a student of CA........
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| Posted By : Anu Jain |
08-Oct-2011, 09:27:44 |
| i m nt a ca i m jst a student like u... dnt need to say thanks... |
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| Posted By : Puran Chand |
07-Oct-2011, 09:19:17 |
| Thinking you CA Anu Jain ji. |
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| Posted By : Anu Jain |
07-Oct-2011, 01:44:03 |
| op capital+profit of current year= cl capital. 4lakh +1lakh=5lakh.
avg capital= (op capital+cl capital)/ 2 = 4lakh + 5lakh = 9lakh/2 = 4.5 lakh ans is b. |
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