Mathematics · Accounting Numericals & Equity Analysis
An entity reports that its Total Liabilities increased by 4,00,000 rupees during the year, while its Total Assets decreased by 1,50,000 rupees. If the company issued new shares worth 1,00,000 rupees and paid no dividends, what was the net profit or loss for the year?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Net Profit of 6,50,000 rupees
- 2Net Loss of 6,50,000 rupees✓
- 3Net Loss of 5,50,000 rupees
- 4Net Profit of 3,50,000 rupees
Correct answer
Net Loss of 6,50,000 rupees
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