Question

Prepare Trading Account from the following balances for the year ending 31st March, 2017
Opening stock
Purchases
Sales
Return inward
Return outward
Carriage inward
Octroi
15,600
50,300
90,500
2,500
2,300
7,000
2,000
Freight
Import duty
Productive wages
Office rent
Factory rent
Royalty paid
Closing stock
5,600
2,400
15,300
5,000
3,800
3,500
28,000​

Answer 1

Answer:

Trading account

(31st March 2017 )

particular amount particular

Answer 2

the correct answer will be 16600