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Cube5.000 Discount on purchases PLLPlant & machinery TILFinal Accounts /Without Adjustments1.4911. Given below is the trial balance of Janki Das as on 31st March, 2019. prepare a trading account. profitand loss account and balance sheet.Debit BalancesCredit BalancesStock on 1st April, 201890,000 Capital50.000Wages28.000 Loan from bank9.000Salaries4.000 Sales2.50.000Railway freight on purchasesPurchases1.20.000 Sundry creditors23.700Interest on overdraft PL200Purchases return1.500Cash at bank 9-1.800 Reserve for doubtful debtsBuildings11.000Sales return 01,000Sundry debtors35,000Office expenses5,500Drawings6,500Depreciation2,000Rent2,40018,000Travelling expenses5.000Repairs to plant1,600Cash in hand2003,43,2003.43.200Closing stock was valued at $ 35,000.[Ans. Gross Profit + 36,500; Net Profit # 19.800; Balance sheet total = 96,000.]ding and profit and loss account and |
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