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Shruti maintains her books of account from Incomplete Records. Her books provide the following information:
`|{:(,,"1st April, 2015(Rs)","31st March,2016(Rs)"),("Cash ",..................................................................," 1,200"," 1,600"),("Bills Receivable",..................................................................," ..."," 2,400"),("Debtors",..................................................................," 16,800"," 27,200"),("Stock",..................................................................," 22,400"," 24,400"),("Investments",..................................................................," ..."," 8,000"),("Furniture",..................................................................," 7,500"," 8,000"),("Creditors",..................................................................," 14,900"," 11600"):}|`
She withdrew Rs. 500 per month for personal expenses. She sold her Investments of Rs. 16,000 at `5%` premium and introduced the amount into business.
You are required to prepare a Statement of Profit of Loss for the year ending 31st March, 2016.

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Correct Answer - Capital as at 1st April, 2015 - Rs. 33,000; Capital as at 31st March, 2016- Rs. 60,000; Profit - Rs. 16,200.

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