CBSE Class 11-commerce Answered
Trading Account for the year ended 31st March 2014
Dr. |
Cr. |
||||
Particulars |
|
Rs. |
Particulars |
|
Rs. |
To Opening stock |
|
9,000 |
By Sales |
1,31,000 |
|
To Purchases |
90,000 |
|
(-) Sales Return |
13,000 |
1,18,000 |
(-) Purchases Return |
1,000 |
|
By closing stock |
|
14,000 |
(-) Loss by fire |
5,000 |
84,000 |
|
|
|
To Gross Profit c/d |
|
39,000 |
|
|
|
|
|
|
|
|
|
|
|
1,32,000 |
|
|
1,32,000 |
Profit and Loss Account for the year ended 31st March 2014
Dr. |
Cr. |
||||
Particulars |
|
Rs. |
Particulars |
|
Rs. |
To Office expenses |
|
300 |
By Gross Profit b/d |
|
39,000 |
To Selling Expenses |
|
11,100 |
By Rent Received |
|
1,600 |
To General expenses |
|
1,000 |
|
|
|
To Printing and Stationery |
|
400 |
|
|
|
To Rent, Rates and Taxes |
|
4,600 |
|
|
|
To Insurance |
700 |
|
|
|
|
Less: Prepaid |
100 |
600 |
|
Answered by | 01 Jul, 2016, 05:14: PM
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ANSWERED BY EXPERT
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