Question

Ana Grone Profit 18,790. Net Profit 11,530. Total of Balance Sheet 270.7701
20. Prom the following balances of M/s Nilu Sarees as on March 31, 2019. Prepare Trading
and Probst and Lois Account and Balance Sheet as on date:
Account Title
Amount
to pre
2.28,000
70.000
7.000
8.000
23,000
Mad Sala
wbtor
Opening stock
10,000 Sales
Carrlagu inwards
78,000 | Capital
2,500 | Interest
Commidor
30,000 | Commission
10,000 creditors
Wagen
Renard Taxen
11,000 Bille, l'ayable
2,800
Repairs
6,000
Telephone experised
1,400
Legal Charges
1,500
Sundry Expenses
2,500
Cash in hand
12,000
Debtors
30,000
Machinery
60,000
Investments
90,000
Drawings
18,000
Cloning Stock as on March 31, 2019 22,000.
Ans. Gross profit < 148,500 Net Profit 1,10,300. Total of Balance Sheet 2,14,000
[Hint--There is a difference in Trial Balance 21,330 (credit​

Answer 1

Answer:

0,000

Drawings

18,000

Cloning Stock as on March 31, 2019 22,000.

Ans. Gross profit < 148,500 Net Profit 1,10,300. Total of Balance Sheet 2,14,000

[Hint--There is a difference in Trial Balance 21,330 (credit