Question

As on 31st December, 2013
arya
al Accounting
Accounts From
3.44
Particulars
As on 31st December, 2017
₹
8,000
15,800
18,800
7,816
6,942
4,000
18,722
4,800
17,600
16,700
3,926
10,102
4,000
16,710
Bills Receivable
Stock
Creditors
Cash
Bills Payable
Furniture
Debtors
From his Cash Book for the year 2018, the following information was available.
Receipts : Bills Receivable * 8,600, Sales * 2,400, Received from Debtors
Miscellaneous Income 8,600.
Payments : Wages 60, Bills payable * 6,000, Miscellaneous expenses * 1,400, P-
o Creditors 1,800, Purchases * 1,200, Personal expenses 1,500, Salaries
nvestments * 2,850.
on inquiry Rajan told that during the year 2018, discounts allowed and receive
800 and 710 respectively. During the period his bad debts amounted to 1
Gills Receivable dishonoured 600.
ou are required to show the Trading and Profit and Loss Account for the
year ended 31 st December 2018​

Answer 1

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