Statement of Profit or Loss |
|
Particulars |
Amount (Rs) |
Capital at the end |
90,000 |
Add: Drawings |
5,000 |
|
95,000 |
Less: Additional Capital Introduced |
(10,000) |
Adjusted Capital at the end |
85,000 |
Less: Capital in the beginning |
60,000 |
Net Profit for the year |
25,000 |
|
|