The following is the trial balance of Manju Chawla on March 31, 2005. You are required to prepare trading and profit and loss account and a balance sheet as on date :

Closing stock Rs. 2,000.

Transcribed Image Text:

Account title Opening stock Purchases and sales Returns Productive wages Dock and Clearing charges Donation and charity Delivery van expenses Lighting Sales tax collected Bad debts Misc. incomes Rent from tenants Royalty Capital Drawings Debtors and Creditors Cash Investment Patents Land and Machinery Debit Amount Rs. 10,000 40,000 200 6,000 4.000 600 6,000 500 600 4,000 2,000 6,0000 3,000 6,000 4,000 43,000 Credit Amount Rs. 80,000 600 1,000 6,000 2,000 40,000 7,000