Incomplete records are generally maintained by

What is the amount of capital of the proprietor, if his assets are Rs. 85,000 and liabilities are Rs. 21,000?

When capital in the beginning is Rs. 10,000, drawings during the year is Rs. 6,000, profit made during the year is Rs. 2,000 and the additional capital introduced is 3,000, find out the amount of capital at the end

The total assets of a proprietor are Rs. 5,00,000. His liabilities Rs. 3,50,000. Then his capital in the business is ____________

A firm has assets worth Rs. 60,000 and capital Rs. 45,000.Then it's liabilities is _________

From the following particulars ascertain profit or loss: 

Following are the balances of Shanthi as on 31^st December 2018.  

Prepare a statement of affairs as on 31^st December 2018 and calculate capital as at that date. 

Under single entry system is it possible to check the arithmetical accuracy of books of accounts?

Why is statement of affairs prepared under single entry system not referred to as balance sheet?

What are the possible reasons for keeping incomplete records?

From the following particulars ascertain profit or loss:

On 1^st April 2018 Subha started her business with a capital of Rs. 1,20,000. She did not maintain proper book of accounts. Following particulars are available from her books as on 31.3.2019.

During the year she withdrew Rs. 30,000 for her personal use. She introduced further capital of Rs. 40,000 during the year. Calculate her profit or loss.

From the following details find out total sales made during the year

Radhika started a small bakery for providing healthy and good quality bakery product at reasonable prices on 1^st January, 2019 with a capital of Rs. 1,80,000. She appointed a ten year old boy as a sweeper. She withdrew Rs. 60,000 for household expenses. She introduced Rs. 20,000as fresh capital. Her position of assets and liabilities as at 31^st December, 2019 stood as follows.

Which values are affected, when accounts are maintained on single entry system basis.

Arjun carries on grocery business and does not keep his books on double entry basis. The following particulars have been extracted from his books:

Other information for the year ending 31-3-2019 showed the following

Total sales during the year were Rs. 85,000. Purchases returns during the year were Rs. 2,000 and sales returns were Rs.1,000. Depreciate plant and machinery by 5%. Provide Rs. 300 for doubtful debts. Prepare trading and profit and loss account for the year ending 31st March, 2019 and a balance sheet as on the date.

Mrs. Geetha started business with Rs. 1,20,000 as capital on 1.4.2018. During the year she has withdrawn at the rate of Rs. 1,000 per month. She introduced Rs. 20,000 as additional capital. Her position on 31.3.2019 was as follows.

She keeps her books under single entry system, determine for profit or loss for the year 2003-04. 

Compute the amount of total purchases and total sales of Mr. Amit from the following information for the year ending on March 31, 2018.

From the following details of vijay who maintains incomplete records, prepare trading and profit and loss account for the year ended 31^st March 2018 and a Balance sheet as on the date.

 Other details: