Accountancy, asked by Anonymous, 18 days ago

prepare final accounts​

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Answered by rehmana40709
0

Answer:

it is very mind able question

Answered by AllenGPhilip
36

Answer:

Explanation:

Working notes

  1. Purchase = 68,725 [ 70,000 - 1,275]
  2. Sales = 1,26,000 [ 1,27,000 - 1,000]
  3. Gross profit = 63,525
  4. Net profit = 41,900
  5. Balance sheet total = 1,66,900
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