Question

ٹوسٹیٹ
اور اذا مظفرآباد
A trader has not kept proper books of Accounts. The following balances are extracted from his
books.
Balance on
31.12.2012
Cash in hand
10700
1C800
Bank overdraft
22530
20000
Stock in trade
27000
28400
Sundry creditors
19,300
18,600
Sundry Debtors
15,100
14,900
Bills Receivable
21,200
20,400
Land and Building
26,500
26,500
Furniture
2,300
2,300
Bilis payable
31,000
29,000
During the year Drawings were Rs. 3000/- Depreciation is to be calculated on Land and Building a
2% and on furniture 10% p.a. of the debtors s. 500/- is bad and a reserve of 5% on the balance i
required. A reserve of 2% % on the bills receivable is also required.
Required: Prepare a statement of profit and loss and Balance Sheet as on 31.12.2010​

Answer 1

Answer:

36098.675

Explanation:

please mark me as branliest pleazzzzzzzzz. and follow me.