Question

7. From the information given below prepare Trading Account
Opening Stock
Purchases
Purchase returns
Direct expenses
Carriage inwards
Sales
Closing Stock
Rs.
1, 00, 000
1, 50, 000
25, 000
10,000
5,000
4, 00, 000
50, 000​

Answer 1

Answer:

trading account

particulars ₹ particulars ₹

opening stock 1,00,000 sales 4,00,000

purchases 1,25,000 closing stock 50,000

direct expenses 10,000

carriage inwards 5000

TO gross profit CD 2,10,000

4,50,000 4,50,000