A retailer had not kept proper books of account. From the details given, yor are required to ascertain the Profit or Loss for the year ended 31st March , 2019 and also to prepare his Statement of Affairs as at that date: {:(,"1st April, 2018 (Rs.)","31st March, 2019 (Rs.)"),("Stock-in-hand","16,000","18,100"),("Sundry Creditors","15,400","19,200"),("Sundry Debtors","11,200","10,600"),("Cash in Hand","250","1,400"),("Bank Overdraft","19,200","Nil"),("Bills Receivable","16,000","5,000"),("Fixtures and Fittings","1,500","1,500"),("Motor Van","1,900","Nil"),("Bank Balance","Nil","2,900"):} Drawings during the year amounted to Rs. 2,400. Depreciate Fixtures and Fittings by 10%. Rs. 600 is irrecoverable from Debtors, Provide 5% for Doubtful Debts and Rs. 200 in respect of Bills Receivable.

A retailer had not kept proper books of account. From the details give

1.	A retailer had not kept proper books of account. From the details given, yor are required to ascertain the Profit or Loss for the year ended 31st March , 2019 and also to prepare his Statement of Affairs as at that date: {:(,"1st April, 2018 (Rs.)","31st March, 2019 (Rs.)"),("Stock-in-hand","16,000","18,100"),("Sundry Creditors","15,400","19,200"),("Sundry Debtors","11,200","10,600"),("Cash in Hand","250","1,400"),("Bank Overdraft","19,200","Nil"),("Bills Receivable","16,000","5,000"),("Fixtures and Fittings","1,500","1,500"),("Motor Van","1,900","Nil"),("Bank Balance","Nil","2,900"):} Drawings during the year amounted to Rs. 2,400. Depreciate Fixtures and Fittings by 10%. Rs. 600 is irrecoverable from Debtors, Provide 5% for Doubtful Debts and Rs. 200 in respect of Bills Receivable.
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