inwards , Carriage outwards , , , Closing stock Rs. , . ( Ans . Gross profit: Rs.
, , , Net profit : Rs. , , Total balance sheet: Rs. , , ) . Prepare trading and profit and loss account and balance sheet from the following particulars as on March , .
Debit Credit Purchases and Sales , , , , Return inwards and Return outwards , Carriage inwards , Carriage outwards , Fuel and power , , , Debtors and Creditors , , , , , Investment , Interest on investment , Loan , Repairs , General expenses , Wages and salaries , Land and buildings , , Cash in hand , Miscellaneous receipts Sales tax collected , Closing stock Rs. , . ( Ans . Gross profit: Rs.
, , , Net profit : Rs. , , Total balance sheet: Rs. , , ) . From the following trial balance of Mr.
A. Lal, prepare trading, profit and loss account and balance sheet as on March , Debit Credit Stock as on April , , Purchases and Sales , , , Returns inwards and outwards , , Carriage inwards , General expenses , Discount received , Bank over draft , Interest on bank overdraft Commission received , Insurance and taxes , Scooter expenses , Cash in hand , Scooter Furniture , Building , Debtors and Creditors , , , Closing stock Rs. , . ( Ans .
Gross profit : Rs. , , Net profit: Rs. , , Total balance sheet: Rs. , , ) .
Prepare trading and profit and loss account and balance sheet of M/s Royal Traders from the following balances as on March , . Debit balances Credit balances Stock , , , Cash Creditors , Bank , Bills payable , Carriage on purchases , , , , , Drawings , , Machinery , , Debtors , Postage Sundry expenses , Rent Furniture , Closing stock Rs. , ( Ans. Gross loss Rs.
, , Net loss Rs. , , Total balance sheet Rs. , , ) . Prepare trading and profit and loss account from the following particulars of M/s Neema Traders as on March , .
Debit Credit Buildings , , , Plant , Loan Carriage