Question

Q25. Amit maintains his books on single entry system. Following information is available :(8)
Assets & Liabilities
1-4-2013
31-3-2014
Cash in hand
Bank
Sundry Debtors
Stock
Furniture
Sundry Creditors
4,000
(Dr.) 5,600
18,500
24,700
15,000
17,800
6,300
(Cr.) 6,900
24,300
30,800
20,000
18,500
During the year, he withdrew Rs.500 every month. He received Rs.10,000 as pension during the accounting
year which he invested into business. Ascertain the profit or loss made by him during accounting period
2013-14.
5.4197​

Answer 1

Answer:

i can't answer we should not be write that much question