Subjective Questions on From the following balances obtained from the accounts of Mr Ranjeet Prepare the Trading and Profit ........... for Commerce ( 11 and 12th) Preparation

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Subjective Questions

From the following balances obtained from the accounts of Mr Ranjeet Prepare the Trading and Profit ...........

Accountancy (11th) Chapter-10 Financial Statements-2
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    From the following balances obtained from the accounts of Mr. Ranjeet, Prepare the Trading and Profit & Loss Account:     (3 marks)

    Particulars Rs. Particulars Rs.
    Stock on April 01, 2012 8,000 Bad debts 1,200
    Purchases for the year 22,000 Rent 1,200
    Sales for the year 42,000 Discount (Dr.) 600
    Wages 2,500 Commission paid 1,100
    Salaries & Wages 3,500 Sales Expenses 600
    Advertisement 1,000 Repairs 600

    Closing stock on March 31, 2013, is Rs. 4,500.

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    By: santosh
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    srijanthapa

    hi ur teaching is ggod

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