From the following balances obtained from the few accounts of Mr. H. Balaram. Prepare the Trading and
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From the following balances obtained from the few accounts of Mr. H. Balaram. Prepare the Trading and Profit and Loss Account.
Closing stock on March 31, 2005 is Rs. 4,500
Transcribed Image Text:
Stock on Apr. 01, 2004 Purchases for the year Sales for the year Purchase expenses Salaries and wages Advertisement Rs. 8,000 22,000 42,000 2,500 3,500 1,000 Bad debts Rent Discount allowed. Commission paid Sales expenses Repairs Rs. 1,200 1,200 600 1,100 600 600
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