Kuldeep, a general merchant, keeps his accounts on Single Entry System. He wants to know the results, of his business on 31st March, 2018 and for that following information is available: Particulars 1st April, 2017 (₹) 31st March, 2018 (₹) Cash in Hand ................................................................................ 1,50,000 1,75,000 Bank Balance ................................................................................ 7,50,000 8,00,000 Furniture ................................................................................ 1,00,000 1,00,000 Stock ................................................................................ 5,00,000 6,50,000 Creditors ................................................................................ 3,50,000 4,00,000 Debtors ................................................................................ 2,50,000 3,00,000 During the year, he had withdrawn ₹ 5,00,000 for his personal use and invested ₹ 2,50,000 as additional cpaital. Calculate his profits on 31st March, 2018 and prepare the Statement of Affairs as on that date.