Mr. Akshat keeps his books on incomplete records following information

Mr. Akshat keeps his books on incomplete records following information is given below: April 01, 2016 March 31, 2017 Rs Rs Cash in hand 1,000 1,500 Cash at bank 15,000 10,000 Stock 1,00,000 95,000 Debtors 42,500 70,000 Business premises 75,000 1,35,000 Furniture 9,000 7,500 Creditors 66,000 87,000 Bills payable 44,000 58,000 During the year he withdrew Rs 45,000 and introduced Rs 25,000 as further capital in the business compute the profit or loss of the business.

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Mr. Akshat keeps his books on incomplete records following information is given below:

	April 01, 2016		March 31, 2017
		Rs		Rs
Cash in hand		1,000		1,500
Cash at bank		15,000		10,000
Stock		1,00,000		95,000
Debtors		42,500		70,000
Business premises		75,000		1,35,000
Furniture		9,000		7,500
Creditors		66,000		87,000
Bills payable		44,000		58,000

During the year he withdrew Rs 45,000 and introduced Rs 25,000 as further capital in the business compute the profit or loss of the business.

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