Question

prepare trading and profit and loss account : opening stock 3600,purchase 18260, wages 3620, closing stock 4420, sales 32000, carriage on purchase 500, carriage on sales 400, rent(factory)400, rent(office) 500, sales returns 700, purchase returns 900, gender expenses 900, discount to customer 360, interest from bank 200​

Answer 1

• opening stock 3600,
• purchase 18260,
• wages 3620,
• closing stock 4420,
• sales 32000,
• carriage on purchase 500,
• carriage on sales 400,
• rent(factory)400,
• rent(office) 500,
• sales returns 700,
• purchase returns 900, gender expenses 900,
• discount to customer 360,
• interest from bank 200