Question

Q13. From the following Trial Balance of Seema Garments as at 31" March, 2018,
prepare Trading and Profit & Loss Account and Balance Sheet :

Stock at Commencement15000
purchase .09,000
sales 180000
Manufacturing Wages
8,000
Fuel, Power and Lighting
12,000
Salaries
12,000
Income Tax
3,500
Income Tax Advance Payment
2,000
Loan to X at 10% p.a.
5,000
Interest on X's Loan
300
Commission received
4,500
Rent
4,000
Rent Owing
600
Furniture (includes Furniture of Rs. 1,000
purchased on 1 October, 2017)
5,000
B/R and B/P
6,000
1,600
Plant
54,900
Debtors and Creditors
27,100
13,000
Capital
83,600
Cash
19,500
Input CGST
4,000
Input SGST
4,000
Input IGST
9,000
Output CGST
5,200
output SGST 5200 outputIGST 6000​

Answer 1

Answer:

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