Calculate profit and loss account
*Capital at the beginning -200000
*Capital at the end. - 250000
*Drawing s. - 60000
*Additional capital. - 75000
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Capital at the end- 250000
less additional capital - 75000
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175000
add drawings-. 60000
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235000
less capital at the begin. 200000
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profit for the year ended 35000
less additional capital - 75000
-----------
175000
add drawings-. 60000
------------
235000
less capital at the begin. 200000
---------------
profit for the year ended 35000
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