Mrs.Anu started firm with a capital of Rs 4,00,000 on 1st October. 2016. She borrowed from her friends a sum of Rs 1,00,000 @ `10%` per annum (interest paid) for business and brought a further amount to capital Rs 75,000 on March 31, 2017, her position was :
Cash = Rs 30,000
Stock = Rs 4,70,000
Debtors = 3,50,000
Creditors = Rs 3,00,000
He withdrew Rs 8,000 per month for the year. Calculate profit or loss for the year and show your working clearly.

Manveer started his business on April 01, 2016 with a capital of Rs 4,50,000. On march 31, 2017 his position was as under. Cash = Rs 99,000 Bills receivable = Rs 75,000 Plant = Rs 48,000 Land and Building = Rs 1,80,000 Furniture = Rs 50,000 He owned Rs 45,000 from his friend Susheel on that date. He withdrew Rs 8,000 per month for his household purposes. Ascertain his profit or loss for this year ended March 31, 2017

Shri Suresh Gupta purchased a running business on 1st April, 2019 at an agreed value of Rs. 10,00,000. Following are the assets and liabilities taken over: Land and Building Rs. 4,00,000, Plant and Machinery Rs. 4,50,000, Furniture and Fixtures Rs. 1,50,000, Stock Rs. 3,50,000, Sundry Debtors Rs. 3,00,000, Sundry Creditors Rs. 2,50,000, Bills Payable Rs. 1,00,000, Bank Loan Rs. 3,00,000. Pass Journal entry to record the transactions.

Mrs. Vandana runs a small printing firm. She was maintaining only some records, which she thought, were sufficient to run the business. On April 01, 2016, available information from her records indicated that she had the following assets and liabilities: Printing Press Rs 5,00,000, Buildings Rs 2,00,000, Stock Rs 50,000, Cash at bank Rs 65,600, Cash in hand Rs 7,980, Dues from customers Rs 20,350, Dues to creditors Rs 75,340 and Outstanding wages Rs 5,000. She withdrew Rs 8,000 every month for meeting her personal expenses. She had also introduced Rs 15,000 during the year as additional capital. On March 31, 2017 her position was as follows : Press Rs 5, 25,000, Buildings Rs 2,00,000, Stock Rs 55,000, Cash at bank Rs 40,380, Cash in hand Rs 15,340, Dues from customers Rs 17,210, Dues to creditors Rs 65,680. Calculate the profit made by Mrs. Vandana during the year using statement of affairs method.