Alok owed ₹ 20,000 towards Manish and accepted a bill after getting 10% discount on 15th September, 2021 for 3 months. What will be the amount of the bill and what will be the due date of this bill?
Statement of Profit or Loss
Particulars
Amount (₹)
Closing Capital
3,80,000
Add :- Drawings (5,000 x 9)
45,000
Less:- Additional Capital
(1,00,000)
Less:- Opening Capital
(2,50,000)
Profit during the year
75,000
or
Particulars
Amount (₹)
Opening Capital
3,50,000
Add :- Additional Capital
2,00,000
Less :- Drawings
(80,000)
Add :- Profits during the...