Question

from the following balance obtained from the records of MR.shankar prepare the trading account for the year ending 31st March 2020
opening stock 2,00,000
purchase for the year 20,00,000
sales for the year 35,00,000
carriage inwords 10,000
chosing stock is valued 5,00,000
​

Answer 1

Explanation:

In debit side amount

To opening stock dr 2000000

To purchase a/c 2000000

To carriage inward 10000

To gross profit 10000

Total amount 4010000

now credit side amount

By sales 3500000

By closing stock 500000

total amount 4010000

please u solve that t- shape