Mr. Girdhari Lal does not keep full double entry records. His balance as on April 01, 2016 is as.

His position at the end of the year is:


He withdrew Rs 500 per month out of which to spent Rs 1,500 for business purpose. Prepare the statement of profit or loss.

Mr. Ashok does not keep his books properly. Following information is available from his books. During the year Mr. Ashok sold his private car for Rs 50,000 and invested this amount into the business. He withdrew from the business Rs 1,500 per month upto October 31, 2016 and thereafter Rs 4,500 per month as drawings. You are required to prepare the statement of profit or loss and statement of affair as on March 31, 2017.

Gopal does not keep proper books of account. Following information is given below: During the year he introduced Rs 20,000 and withdrew Rs 12,000 from the business. Prepare the statement of profit or loss on the basis of given information

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

Srinivas works and earns Rs. 14,500 per month. Out of which he saves only 20% and spends the remaining amount on other deeds. Find the amount spent.

Mr. Muneesh maintains his books of accounts from incomplete records. His books provide the information : He withdrew Rs 300 per month for personal expenses. He sold his investment of Rs 16,000 at 2% premium and introduced that amount into business.

Ramesh purchased a bicycle for Rs. 5,200 and spent Rs. 800 on its repairs. He had to sell it for Rs. 5,500. Find his profit or loss per cent.

A and B start a business by investing equal amounts. Four months later, C joins them by investing Rs. 3.5 lakhs. By withdrawing his investment in the business B leaves the business 4 months after C joined. At the end of the year the business makes Rs. 62,400 profit out of which A collects Rs. 24,000 as his share of profit. How much should be paid to C (in Rs) as his share of profit?