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Answer immediately please As an assistant manager, you have received the following Trail Balance, Prepare Statement of Profit and Loss and Balance sheet of your
Answer immediately please
As an assistant manager, you have received the following Trail Balance, Prepare Statement of Profit and Loss and Balance sheet of your company during the financial year 2021-22. [10] Trail Balance as on 31.03.2022 Adjustments to be made are given below: 1. Closing stock of Inventory as on 31.03.2022 valued at Rs. 20,000 2. Create provision for bad & doubtful debts at 5% 3. Outstanding salaries Rs. 5,000 , outstanding wages Rs. 3,000 4. Charge depreciation @10\% on Plant and MachineryStep by Step Solution
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