20) From the following Trial Balance of Shri Vinay Bhushan prepare Tra

1.	20) From the following Trial Balance of Shri Vinay Bhushan prepare Trading and Profit and Loss Account for the year ended 31" December, 2013 and Balance Sheet as on that date. Dr. Cr. ₹ 24,200 4,000 12,900 Stock on 1.1.2013 Cash in Hand Cash at Bank Lease hold premises (lease for five years commencing from 1st July 2013 Machinery Furniture Buildings Drawings Capital Purchases and Sales Debtors and Creditors Returns Freight 20,000 30,000 15,000 50,000 5,000 96,000 50,000 3,000 6,000 1,60,000 1,45,000 40,000 4,300
Answer» Answer: 1,45,000% HOPE it's HELP you!!!

20) From the following Trial Balance of Shri Vinay Bhushan prepare Trading and Profit and Loss Account for the year ended 31" December, 2013 and Balance Sheet as on that date. Dr. Cr. ₹ 24,200 4,000 12,900 Stock on 1.1.2013 Cash in Hand Cash at Bank Lease hold premises (lease for five years commencing from 1st July 2013 Machinery Furniture Buildings Drawings Capital Purchases and Sales Debtors and Creditors Returns Freight 20,000 30,000 15,000 50,000 5,000 96,000 50,000 3,000 6,000 1,60,000 1,45,000 40,000 4,300

Answer»

Answer:

1,45,000%

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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