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

Can a limited company maintain its accounts under single entry system?

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?

Mention, two characteristics of "Accounts from Incomplete Records".

State any two limitations of Incomplete Record System?

What is statement of affairs?

Front the following information find out the missing figure.
Closing Capital Rs. 5,00,000
Opening Capital Rs. 7,50,000
Drawings Rs. 3,75,000
Additional Capital Rs. 50,000

Mr. A started a business capital Rs. 2,50,000 on 1-4-2018. He withdrew Rs. 40,000. He sold his personal assets Rs. 25,000 and brought the amount into the business on 31^st March 2019. Total assets Rs. 1,05,000 You are required the profit or loss for 2018-19.