Question

Q.1. Prepare Trading A/c :- (5 M)

From the following information. Also, Calculate Gross Profit or Gross Loss

as on 31st March, 2019.

Particulars Amt.(`) Particulars Amt.(`)

Opening Stock 25,000 Return Inward 500

Return Outward 200 Wages 2,000

Closing Stock 40,000 Carriage Inward 300

Sales 17,200

Fuel & Power 800​

Answer 1

PARTICULAR. Dr. PARTICULAR. CR

OPENING S. 25000. CLOSING S. 40,000

WAGES 2000. SALES- RETURN

CARRIAGE INWARD 300. (17200-500)= 16700

FUEL 800

RETURN OW 200

BY BALANCEC/D

= 28400

TOTAL 56700 TOTAL 56700