Question

tilustration 18. Trial Balance of M/s. Taj & Co as on 31 March 2010 for
und Debiors
ng Stock
Sundry Guditors
Qutsanding Pages
Tracle Boonses contadining and
Capital
net and Fuel
- Expenses
5,831
525
3.000
10.000
Lost in Suraj @ 10% p.a. llst Dec, 2016)
304,776
Prepare Trading and Profit and Loss Account for the year ended atat Mart 2017
and Balance Sheet after considering the following information:
ta Depreciation on Furniture @ 10% to be charged.
vii) Debtors include an item of 7 500 due from a customer who has become insolver
al Provision for Doubtful Debts @ 5% on Sundry Debtors is to be maintain
in Goods valued at ? 1.500 destroyed by fire and insurance company admit
claim for 7 1.000
Suck on 31 March, 2017 was? 12.550
​

Answer 1

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