Problems
1. The following balances are extracted from the books of Kautilya & Co. on 31st March, 2010.
You are required to make the necessary closing entries and to prepare the Trading and
Profit and Loss Account and a Balance Sheet as on that date :
Attachments:
Answers
Answered by
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Answer: Gross Profit : 15300
Net Profit : 12600
Explanation:
Attachments:
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