Question

2. Wages not yet paid amounted 500 3. Commission earned but not received in 7 800. aranet 3. The following trial balance is extracted from the books of Amritsar Steel Store for the year ending 31st March, 2011. Leader Accounts Debat Credit 3 42500 1,009 Opening Stock • Purchases and sales - T • Retums Drawings and Capital - B's Pumitule - 6'5 Pinterest PL Commission • Discount - PEL Salaries PC singurande pe Wages 1 Sunilding-e'S Postage Op Duty Ens Receivable and Payažie - B's Debtors and Credios - US . Advertisement 40,000 1,75,000 4,00,000 S70,000 P15,000 125,000 75.000 4.000 2000 12.000 2500 8.000 2000 1.500 1,00,000 6.000 4,500 25.000 7.000 48.000 10,000 10.500 22.000 5.75,500 5,75,500 PEL Cash els You are required to prepare Trading and Profit & Loss Account for the year ending 31st March, 2011 after considering the following adjustments a) Closing stock on 31.3.2011 was valued at 62,500. Depreciate furniture by 10% p.a. and building by 5% p.a. Insurance prepaid is 500: Son Commission received in advance ? 2,000 Interest * 250 has been earned but not yet received. Salaries outstanding 2,500 and wages due 400. Profit & Loss Account and Balance Sheet from the following “ Paper
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Answer 1

One of the stated goals of the National Assembly formed by the Third Estate on June 13, 1789, was to write a constitution. A 12-member Constitutional Committee was convened on July 14, 1789 (coincidentally the day of the Storming of the Bastille) to draft most of the articles of the constitution. It originally included two members from the First Estate, two from the Second, and four from the Third.