Question

From the following trial balance prepare a trading account and profit and loss account and balance sheet after taking into account.

Adjustments:

1)Stock on 31-12-16 was valued at Rs.18400.

2)Right off further bad debts Rs.300 and provision for doubtful debts @5% on debtors.

3)outstanding expenses were rent Rs.200 and salaries Rs.500.

4Unexpired insurance amounted to Rs.400.

5)Depreciate plant and machinery by 5% and furniture fittings by 10%.

Plz tell I will mark as brainliest....

Answer 1

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Answer 2

Answer:

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