so
Asc
D
information:
1st April, 2018 )
2.000
28,000
21,000
1,500
17,500
31st March, 2015,
2.000
30500
34.000
2.000
19.000
3.000
5,000
Vikas is
sist Dece
He furt)
private
his pe
Furniture
Stock
Sundry Debtors
Cash
Sundry Creditors
Bills Receivable
Loan
Investments
aver
so
His drawings during the year were * 5,000. Depreciate furniture by 10% and provid
reserve for Bad and Doubtful Debts at 10% on Sundry Debtors.
Prepare the statement showing the profits for the year. (Profit during the year – 23.90
of 10,000. He immediately bou
April, 2015- 33,000; Capital as at 31st March, 2016- 60.00
Profit 16,200
Hari maintains his books of account on Single Entry System. His books provide the folle
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so much long question .
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