3. Pulkit keeps his records on the single Entry system. The following information is available from his books: \begin{tabular}{|l|l|l|} \hline Particulars & March 31,2014 (RS.) & March 31,2015 (Rs.) \\ \hline Cash in hand & 5,000 & 18,000 \\ Cash at bank & 50,000 & 70,000 \\ Stock & 20,000 & 35,000 \\ Debtors & 10,000 & 40,000 \\ Creditors & 5,000 & 8,000 \\ Bills payables & 2,000 & 6,000 \\ Furniture & 4,000 & 24,000 \\ Office equipments & 20,000 & 35,000 \\ Bills receivable & 10,000 & 12,000 \\ Motor van & \( - \) & 60,000 \\ \hline \end{tabular} During the year, Pulkit introduced Rs. 20,000 as fresh capital and withdraw Rs. 5,000 per month for his personal use. Write off depreciation at the rate of \( 10 \%, 15 \% \) and \( 20 \% \) on furnitures Office equipment and motor van respectively. Rent is outstanding Rs. 3,600. Prepare statement of profit and loss for the year ended 31st March, 2015 Interest received on prize fund investments during the year ended 31.3.2015, Rs. 3,000.
