1. From the information given below ascertain the profit / (loss) for the year:
Capital at the beginning of the year
1,70,000
Additional capital introduced during the year
47,500
Information related to end of the year
Stock
60,500
Sundry debtors
15,700
Business premises
18,600
Machinery
2,100
Sundry creditors
53,400
Drawings made during the year
26,400
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