Accountancy, asked by tiwarikamini5584, 10 months ago

Prepare trading and profit and loss account and balance sheet from the
following particulars as on March 31, 2017.

Answers

Answered by lodhiyal16

0

Answer:

Explanation:

TRADING AND PROFIT &LOSS ACCOUNT

opening stock 57600 sales 560000

purchase 352000 -(return ) 96000

- ( return ) 12000 By closing stock 30000

Carriage inward 7000

Fuel & power 24800

wages & salaries 28800

Gross profit 122200

Total 580400 Total 580400

Carriage outward 3360 gross profit 122200

Bad debts 9950 by interest 3200

Repairs 2400 By receipts 160

General expenses 17000

Net profit 92850

Total 125560 125560

Previous Question

Next Question

Similar questions

Economy, 5 months ago

Application of the motivational theory to achieve productivity in an organization...

Geography, 5 months ago

A lunar eclipse can occur only on a _...

English, 5 months ago

Letter to president to provide street lamp in your locality...

Accountancy, 10 months ago

From the following balances extracted from the books of M/s Ahuja and Nanda. Calculate the amount of : (a) Cost of goods available for sale (b) Cost of goods sold during the year (c) Gross Profit [tex] \begin{tabular}{c c}\\ \begin{center}\\ & Rs. \\ Opening stock & 25,000 \\ Credit purchases & 7,50,000 \\ Cash purchases & 3,00,000 \\ Credit sales & 12,00,000 \\...

Accountancy, 10 months ago

The following trial balance is extracted from the books of M/s Ram on March 31, 2017. You are required to prepare trading and profit and loss account and the balance sheet as on date :...

Math, 1 year ago

if separate teams of 4 or 6 or 11 students are made from the students of a class 3 students are left in each case what is the smallest possible number of students in the class...

English, 1 year ago

Two (2) simple sentences in friendship and the rising love...

Accountancy, 1 year ago

PAid to it 13900 from in sattlemnt of his account journal entry...