प्रारंभिक पूंजी ₹50,000 है, आहरण ₹5,000 है, वर्ष के दौरान पेश की गई अतिरिक्त पूंजी ₹10,000 है और अंतिम पूंजी ₹80,000 है। वर्ष के दौरान अर्जित शुद्ध लाभ क्या है?

Which of the following errors would cause the totals of a trial balance to disagree, requiring the use of a suspense account to balance the records?

After preparing a draft Statement of Profit or Loss showing a profit of $45,000, the following errors were discovered: 1. A payment of $1,200 for repairs was correctly entered in the cash book but was not posted to the repairs account. 2. A sale of goods on credit for $850 was recorded in the sales account as $580. The entry in the receivables ledger was correct. What is the revised profit after correcting these errors?