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Accounting Question Prepare trading and profit and loss account for the year ended on 31 March 2015 Particulars Credit 1,97,560 1,000 Debit 1,080 5,260 81,350
Accounting Question
Prepare trading and profit and loss account for the year ended on 31 March 2015
Particulars Credit 1,97,560 1,000 Debit 1,080 5,260 81,350 1,360 20,960 9,460 6,400 4,080 11,520 60,000 20,000 40,000 30,000 15,000 6,000 1,200 10,490 29,000 3,53,160 Cash in hand Cash at bank Purchases/Sales Returns Wages Fuel and Power Carriage on Sales Carriage on Purchases Stock (1.4.2011) Building Freehold land Machinery Salaries Patents General Expenses Insurance Drawings/Capital Sundry Debtors/Creditors 1,42,000 12,600 3,53,160Step by Step Solution
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