IV. PROBLEMS
15. Fro
Isala
500
Ra
1. Prepare trading account of Srikanth Traders for the year ended 31.12.2015.
Stock on 1-1-2015
8,500
Carriage
Purchases
15,200 Factory Rent
925
Sta
33,000
Sales Returns
500
Sales
D
1,200
Customs Duty
800
Purchase Returns
А
875
Stock on 31-12-2015
3,500
Wages
C
Ans: Gross Profit -10,400)
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