From the Trial Balance of R.R.R. Ltd as on 31st March 2020 prepare Final accounts. Particulars......
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From the Trial Balance of R.R.R. Ltd as on 31st March 2020 prepare Final accounts. Particulars... Capital Drawings Stock (1.1.2019) Purchases Sales Sales Returns Wages Insurance Premium Packing Expenses Postage Advertisement Carriage outwards Bad debts Commission received Bills Payable Bank overdraft Land & Buildings Plant & Machinery Sundry Debtors Sundry Creditors Adjustments: 1. Closing Stock on 31.03.2020, Rs.15,000. Debit Rs. 6,400 18,000 1,29,000 4,000 32,000 3,000 4,000 200 2,000 16,000 600 2,61,000 1,80,000. 30,800 Z.07.000 1 Credit Rs. 3,60,000 2,38,000 1,000 18,000 6,000 84,000 7.07.000 2. Write off bad debts Rs.800 and make provision for Bad & doubtful debts @5% on Sundry debtors. 3. Commission accrued but not received Rs.2,000. From the Trial Balance of R.R.R. Ltd as on 31st March 2020 prepare Final accounts. Particulars... Capital Drawings Stock (1.1.2019) Purchases Sales Sales Returns Wages Insurance Premium Packing Expenses Postage Advertisement Carriage outwards Bad debts Commission received Bills Payable Bank overdraft Land & Buildings Plant & Machinery Sundry Debtors Sundry Creditors Adjustments: 1. Closing Stock on 31.03.2020, Rs.15,000. Debit Rs. 6,400 18,000 1,29,000 4,000 32,000 3,000 4,000 200 2,000 16,000 600 2,61,000 1,80,000. 30,800 Z.07.000 1 Credit Rs. 3,60,000 2,38,000 1,000 18,000 6,000 84,000 7.07.000 2. Write off bad debts Rs.800 and make provision for Bad & doubtful debts @5% on Sundry debtors. 3. Commission accrued but not received Rs.2,000.
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College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
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