Class Exercise on Incomplete Records Calculate the net profit for the year ended 31 December 2018 from the following information: Land and Building Plant and Machinery Furniture and Fittings Trade Receivables Cash Overdraft Trade Payables 31/12/17 2,000,000 600,000 200,000 200,000 100,000 600,000 500,000 31/12/18 2,000,000 900,000 300,000 500,000 150,000 900,000 300,000 Drawings during the year were N350,000 and additional capital introduced during the year was N400,000