Accounting from...

Rs. 19,500 debited to building repairs on 31 st Dec. 1993 inclined Rs. 9,500 as the cost of building a small room for the watch man. A bill of Rs. 800 for colour wash of the whole building during the year was not received till  Dec. 1993. The amount to be debited to profit and loss account would be _____________.

Excess of closing capital over opening capital of proprietor under single entry system. 

If closing capital is Rs.30000 and profit is Rs.5000; opening capital was Rs. ____________.

Statement of affairs is just like ______________.

A statement of affairs is a summarised statement of an estimated _____________.

Excess of opening capital over closing capital of proprietor under single entry system is called __________.

In order to find out the correct profit, drawings are ___________ to the closing capital.

Profit under single entry system of Book Keeping means ______________.

Profit as per accounts from incomplete records may be constructed as equivalent of _____________. 

In statement of profit and loss interest on capital is shown as _________.