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
Answers
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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
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