Question

Prepare the Trading and Profit Loss Account for the year ending 31" March 2019 and the
Balance Shes as on that date from the following Trial Balance:
Particulars
Debit(Rs.) Credit(Rs.)
Capital A/C
15,00.000
Machinery
15,00,000
Fumiture
1,00.000
Sales and Purchases 18,00,000 30,00,000
Discount
1 -23,000 35,000
Debtors and creditors 12,60,000 7,00,000 -
· Wages
1,85,000
Salaries
2,00.000
Advertisement expenses
Outstanding salary
35,000
Cash
1,40,000
52,70,000 52,70,000
62,000
Additional Information:
a. Wages outstanding for the year were Rs. 15,000.
b. Advertisement expenses prepaid to extent of Rs. 7,000.
c. Charge depreciation on machinery at 10%​

Answer 1

Sales" (and any subsequent words) was ignored because we limit queries to 32 words.