Question: I need full solution to this problem and do explain the 'loan from Hari @12% interest 6) The following is the Trial Balance of M/s

I need full solution to this problem and do explain the

I need full solution to this problem and do explain the 'loan from Hari @12% interest

6) The following is the Trial Balance of M/s Hanuman Trading Co. as on 31 3-2012. Prepare Trading and Profit and Loss Account for the year ended Adjustments : (i) Closing Stock on 31-3-2012 was 32000 (ii) Outstanding Wages 500 (iii) Commission received in advance 1300 (iv) Depreciate Buildings 5\%, Furniture \& Fitting 10\% Motor Van 10\% (B.Com, Osm.) (Ans : Gross Profit 28,500; Net Profit 13,900, Balance Sheet Total 1,23,600)

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