Teaching UP TGT Mock Test Series 2025 Accounting and Auditing Basic accounting principles Partnership Accounts
The capital of a partner at the end of the year was Rs.3,00,000. His profit share for the year was Rs.60,000 and he drew Rs.20,000 during the year. His capital at the beginning of the year was:
1
Rs. 3,00,000
2
Rs. 3,20,000
3
Rs. 3,80,000
4
Rs. 2,60,000