The following is the Trial Balance extracted from the books of Evershine Restaurant on 31.3.2000: You are
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The following is the Trial Balance extracted from the books of Evershine Restaurant on 31.3.2000:
You are required to prepare the Trading and Profit and Loss Account for the year ended 31.03.2000 and Balance Sheet as on that date after taking into account the following adjustments: 1. Closing stock was valued at 3538. 2. Three months amounting to 70 was prepaid. 3. Depreciation at the rate of 15% to be charged on furniture and fittings.
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Related Book For 
Financial Accounting For Hotels
ISBN: 9781259004940
1st Edition
Authors: Prasanna Kumar JP, Linda Nalini Danie, Mruthyunjaya V. Pagad
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