Accountancy, asked by vaibhavchaudhry700, 2 months ago

bank account adjustment in which balance sheet or trading and profit and loss account

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Answered by LoveAman

1

Answer:

Prepare Trading and Profit and Loss Account and Balance Sheet as at 31st March, 2018 after following adjustments are made:

(i) Closing Stock was ₹ 16,000.

(ii) Depreciate Plant and Machinery @ 10% and Delivery Vehicle @ 15

(iii) Unpaid Rent amounted to ₹ 500.

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