Ramesh's Trial Balance as on 31st March, 2020 gives the following information:
Debit()
Credit)
heads of Accounts
LF
5.00.000
hestment rate of interest 10% p.a.)
interest Received
45,000
Show how the above items would appear in the Profit and Loss Account and Balance Sheet.
side of the
Asses
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..
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in the books Ramesh
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