Question
What do you understand by database. How does it differ from DBMS?
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| $31^{\text {st }}$ March, 2022 (₹) | $31^{\text {st }}$ March, 2023 (₹) | |
| Cash at Bank | 4,500 | 3,000 |
| Cash in Hand | 300 | 4,000 |
| Stock-in-Trade | 40,000 | 45,000 |
| Debtors | 12,000 | 20,000 |
| Office Equipment | 5,000 | 5,000 |
| Sundry Creditors | 30,000 | 20,000 |
| Furniture | 4,000 | 4,000 |
During the year, Karan introduced ₹ 6,000 as further capital and withdrew ₹ 4,000 as drawings. Write off Depreciation on furniture at 10% and on office equipment at 5%. Prepare a statement showing the profit or loss made by him for the year ended on $31^{\text {st }}$ March, 2023.
