Mr. Manoj keeps his books under Single Entry System and gives the… - Vidyadip

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Mr. Manoj keeps his books under Single Entry System and gives the following information:
Capital as on 31.3.2017 ₹ 80,000
Capital as on 31.3.2018 ₹ 1,00,000
Drawings made during the year ₹ 3,000
Additional Capital introduced during the year ₹ 8,000
Calculate Profit or Loss for the year ended 31st March, 2018.

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