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7. From the following information, prepare Trading Account for the year ended 31st Mareh. (Gross Profit5,14,000 2018: Stock on 1st April, 2017 Purchases Sales Carriage

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7. From the following information, prepare Trading Account for the year ended 31st Mareh. (Gross Profit5,14,000 2018: Stock on 1st April, 2017 Purchases Sales Carriage Inwards Net Realisable Value (Market Value) of stock as on 31st March, 2018 was 40,000 Returns Outward 4,00,000 Wages and Salaries ,80,000 Returns Inward 80,000 50,000 20,000 ,30,000 20,000 Stock on 31st March, 2018 1,20,000. Gross Profit 50,000.]

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