Question

the following balances:
₹
Capital (Cr.)
3,60,000
Machinery
70,000
Sales
8,20,000
Purchases
4,00,000
Sales Return
10,000
Stock on 1st April, 2019
1,00,000
Drawings
40,000
Wages
1,00,000
Carriage Inwards
5,000
Closing Stock was valued at 2,00,000.
60,000
20,000
50,000
Salaries
General Expenses
Rent
Purchases Return
Debtors
Cash
Carriage Outwards
Advertising
Creditors
5,000
3,00,000
40,000
20,000
20,000
50,000
9. Prepare Trading and Profit and Loss Account and Balance Sheet of Jagat Shah as at 31st March, 2020 from​

Answer 1

Answer:

50001,00,000

Carriage Inwards

5,000

Closing Stock was valued at 2,00,000.

60,000

20,000

50,000

Salaries

General Expenses

Rent

Purchases Return

Debtors