The Total solution for NCERT class 6-12
Rs
Capital at the end of the year
5,00,000
Capital in the beginning of the year
7,50,000
`Drawings made during the period
3,75,000
Additional Capital introduced
50,000
Statement of Profit and Loss
Particulars
Amount
Add: Drawings made during the year
Less: Capital in the beginning of the year
(7,50,000)
Less: Additional capital introduced
(50,000)
Profit during the year
75,000