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From the following particulars of Bhomick Brothers, Kathihar, prepare a Trading Account for the year ended 31st March, 2021 and calculate cost of goods sold. (Rs)Opening Stock 1.4.210112,00,000Purchases6,00,000Purchase Returns50,000Sundry Factory Overheads50,000Carriage30,000Royalty on Production20,000Salary to Foreman1,00,000Sales (including Sales Tax Collected Rs 6,000)4,00,000Sales Returns44,000Closing Stock 31.3.20122,50,000 |
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Answer» From the following particulars of Bhomick Brothers, Kathihar, prepare a Trading Account for the year ended 31st March, 2021 and calculate cost of goods sold. (Rs)Opening Stock 1.4.210112,00,000Purchases6,00,000Purchase Returns50,000Sundry Factory Overheads50,000Carriage30,000Royalty on Production20,000Salary to Foreman1,00,000Sales (including Sales Tax Collected Rs 6,000)4,00,000Sales Returns44,000Closing Stock 31.3.20122,50,000 |
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