from the following information, prepare trading and profit and loss account for the year ending 31.3.2007 and the balance sheet as on that data.
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From the following information prepare trading and profit and loss account of M/s Indian sports house for the year ending December 31, 2011.
Account Title Amt. (Rs) Account Title Amt. (Rs)
Drawings 20,000 Capital 2,00,000
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