20) ots. ally -5) ed but not received. Q.No. 2. From the following Trial Balance taken from the books of Kapoor and Co., prepare Trading Account, Profit (Ans. Gross profit 54,000 Net profit 27,050, Total of Balance Sheet 81,050) and Loss Account for the year ended 31st Dec. 2010 and a Balance Sheet as on that date: Drawings Plant & Machinery Horses & Carts Debtors Purchases Wages Cash at Bank 1,500 Capital 20,000 Creditors 17,000 Sales 4,500 Bills Payable 4,000 500 1,800 23,000 12,000 10,000 7,625