Arrange the steps to prepare the Statement of Profit or Loss in the correct sequence:
1. Calculate the Adjusted Closing Capital
2. Show Closing Capital in the Statement of Profit or Loss
3. Deduct Opening Capital from Adjusted Closing Capital
4. Ascertain Opening Capital
5. Ascertain Closing Capital with adjustments
1
4-2-1-3-5
2
2-4-5-1-3
3
4-5-2-1-3
4
4-5-1-2-3
5
Question Not Attempted