Write a letter of enquiry to the director of software solution pvtltd asking for the eligibility criteria process of admission fee structure and other necessary details
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Answer:
ADTMOTHABHIT Wages
Adjustments in Preparation of Financial Statements
19.65
2. Prepare Trading and Profit and Loss Account and Balance Sheet from the following
balances, relating to the year ended 31st March, 2019:
7
Capital
1,00,000
Creditors
50,000
12,000 Bank
10,000
Returns Outward
5.000
Repairs
500
Sales
1,64,000 Stock on 1st April, 2018
20.000
Bills Payable
5,000
Rent
4,000
Plant and Machinery
40.000 Manufacturing Expenses
8.000
Sundry Debtors
24,000 Trade Expenses
7,000
Drawings
10,000 Bad Debts
2.000
Purchases
1,05,000 Carriage
1,500
Returns Inward
3,000 Fuel and Power
1,000
Additional Information:
(i) Closing Stock was valued at $14,500.
(ii) Depreciate Plant and Machinery by 4,000.
(iii) Write off Bad Debts 5,000.
(iv) * 400 is due for repairs.
[Gross Loss—* 5,000; Net Loss 27,900; Balance Sheet Total- 79,500.1
3. Following Trial Balance has been extracted from the books of Prasad on 31st March, 2019:
Dr. Particulars
Particulars
Cr. R
Answer:
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