Calculate it all the Quantity T. N.
99) TRT & FRP for fishes
9, 9) TRT for ME
Base Year
Value
Price
Current Year
Value
Items
Price
25
A
loo
360
3
300
Goo
120
250
10oo
Answers
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Answer:
om the following balances of Vikas, Prepare trading and profit and loss account for the year
Debit balances
Rs.
Credit balances
Rs.
Machinery
35,000
Capital account
1,00,000
Debtors
27,000
Creditors
14,000
Drawing
9,000
Sales
1,45,000
Purchases
95,000
Wages
50,000
Bank
15,000
Stock
20,000
Rent
4,500
Sundry expenses
2,000
carriage
1,500
Closing Stock was Rs 600
Explanation:
om the following balances of Vikas, Prepare trading and profit and loss account for the year
Debit balances
Rs.
Credit balances
Rs.
Machinery
35,000
Capital account
1,00,000
Debtors
27,000
Creditors
14,000
Drawing
9,000
Sales
1,45,000
Purchases
95,000
Wages
50,000
Bank
15,000
Stock
20,000
Rent
4,500
Sundry expenses
2,000
carriage
1,500
Closing
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