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Extract of Trial Balance as at 31st March,2016 Name of AccountsDebit Balance (Rs.)Credit Balance (Rs.)Purchases1,00,000 Additional Information During the year the proprietor, Mr. Rohan distributed goods worth Rs. 10,000 as free samples. Pass an adjusting entry and show effect on financial statements. |
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Answer» Extract of Trial Balance as at 31st March,2016 Name of AccountsDebit Balance (Rs.)Credit Balance (Rs.)Purchases1,00,000 Additional Information During the year the proprietor, Mr. Rohan distributed goods worth Rs. 10,000 as free samples. |
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