Opening capital

Use This 

Owners Equity at the End                                       *****

Add: Drawings During the Year                           *****

Less: Additional Capital During the Year         *****

Adjusted Owners Equity at the End                    *****

Less: Owners Equity at the End                            *****

Net Profit For the Year                                             *****

where there is no books of accounts, we can go for accounting treatment under incomeplete books of accounts.

here we can go for statement of affairs method to determine opening capital.

Excesss of Assests minus liabilities is the capital, first see how much capital is invested,add back profit of each year and less personal drawings the balance figures normaly will tally or at least it will come near to that figures other way is  difference amount take as gift from relatives,if the period is more than six years old calling for accounts is less