Using the following information prepare the Capital Account of Sri. Ganesh and nd out his share of profit. Capital on 1 -4-2009.
Rs. 1,00,000
Capital on 31-3-2010. 2,00,000
Drawings during the year 30,000
Interest on drawings 1,500
Additional capital introduced 50,000
Interest on capital 2,500
Salary and commission 3,750
