Prepare trading and profit and loss account and balance sheet as on March 31, 2005 : Closing
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Prepare trading and profit and loss account and balance sheet as on March 31, 2005 :
Closing stock as on March 31, 2005 Rs.22,400
Transcribed Image Text:
Account Title Machinery Sundry debtors Drawings Purchases Wages Sundry expenses Rent & taxes Carriage inwards Bank Openings stock Amount Account Title Rs. 27,000 21,600 2,700 58,500 15,000 600 1,350 450 4,500 6,000 Capital Bills payable Sundry creditors Sales Amount Rs. 60,000 2,800 1,400 73,500
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