If on a balance sheet u are given 61790 as capital and 20000as drawings how do l find net profit

The "capital" on a balance sheet typically refers to the closing capital at the end of the period.

• Closing Capital = $61,790
• Drawings = $20,000

The owner's equity equation is:

$$\text{Closing Capital} = \text{Opening Capital} + \text{Net Profit} - \text{Drawings} + \text{Additional Capital}$$

Since Opening Capital and Additional Capital are not provided, we assume they are $0 for this calculation, or that the question implies we are calculating the profit that resulted in the given closing capital after drawings, from a starting point of zero. Rearranging the formula for Net Profit:

$$\text{Net Profit} = \text{Closing Capital} - \text{Opening Capital} + \text{Drawings} - \text{Additional Capital}$$

With the assumption that Opening Capital = $0 and Additional Capital =$0, the formula simplifies to:

$$\text{Net Profit} = \text{Closing Capital} + \text{Drawings}$$

$\text{Net Profit} = \$61,790 + \$20,000$ $\text{Net Profit} = \$81,790$

The net profit is \boxed{\text{\81,790}}$.