Question
What are the steps involved in designing accounting reports?
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| Particulars | ₹ |
| Opening creditors | 1,70,000 |
| Purchase returns | 20,000 |
| Cash paid to creditors | 4,50,00 |
| Closing creditors | 1,90,000 |
| Particulars | ₹ |
| Capital as on $1^{st} $ April, $2018$ | $40,000$ |
| Capital as on $31^{st} $ March, $2019$ | $50,000$ |
| Additional capital introduced during the year | $7,000$ |
| Profit for the year | $8,000$ |
| Drawings during the year | $?$ |
| Particulars | ₹ |
| Stock of stationery on 1.4.2018 | 2,600 |
| Purchase of stationery during the year | 6,500 |
| Stock of stationery on 31.3.2019 | 2,200 |