Seeta ,a STD booth owner keeps her accounts on single entry system. She wants to know the results of her business on 31st March 2019 and for that following is available:01-04-2018 (in Rs.) 01-04-2019 (in Rs.)Cash in hand300350Bank Balance1,5001,600Furniture2,0002,000Stock1,5002,500Creditors700800Debtors5,0006,500
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Answer:
On 1st April 2017 :- 33900
On 31st March 2018 :- 56400
Profit of the year :- 9780
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