Gopi Chand maintains his books of account on Single Entry System. Calculate his profit on 31st March, 2019 from the following information: {:("Liabilities and Assets","1st April, 2018 (Rs.)","31st March, 2019 (Rs.)"),("Cash in Hand","1,500","500"),("Bank Balance","4,500","3,500"),("Fumiture","2,000","2,000"),("Stock","1,000","3,000"),("Creditors","4,000","3,000"),("Debtors","3,000","4,000"):} During the year his drawings were Rs. 1,000 and additional capital invested Rs. 2,000.

Gopi Chand maintains his books of account on Single Entry System. Calc

1.	Gopi Chand maintains his books of account on Single Entry System. Calculate his profit on 31st March, 2019 from the following information: {:("Liabilities and Assets","1st April, 2018 (Rs.)","31st March, 2019 (Rs.)"),("Cash in Hand","1,500","500"),("Bank Balance","4,500","3,500"),("Fumiture","2,000","2,000"),("Stock","1,000","3,000"),("Creditors","4,000","3,000"),("Debtors","3,000","4,000"):} During the year his drawings were Rs. 1,000 and additional capital invested Rs. 2,000.
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