The following are the extracts from the trial balance of M s Bhola and Sons as on March 31 2017 ...........

Accountancy (11th) Chapter-9 Financial Statements-1

The following are the extracts from the trial balance of M/s Bhola and Sons as on March 31, 2017 (5 marks)

Account title	Debit Rs	Credit Rs
Opening Stock	2,00,000
Purchases	8,10,000
Sales		10,10,000
	10,10,000	10,10,000

(Only relevant items)

Closing Stock as on date was valued at Rs 3,00,000.

You are required to record the necessary journal entries and show how the above items will appear in the trading and profit and loss account and balance sheet of M/s Bhola and Sons.

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The following are the extracts from the trial balance of M s Bhola and Sons as on March 31 2017 ...........

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