Associate of Science Degree in Business Administration (ASBA) OFFICE OF EXAMINATIONS&RESULTS Associate of Science Degree in Information Technology (ASIT) 2. From the following information in Trial balance Sheet of the company as on 31st December 2018. prepare Trading, Profit and Loss Account and Balance Particulars Dr. Amount (Dhs) Cr. Amount (Dhs) Capital 250,000 Purchases 180,000 Purchase Retums 10,000 Sales 310,000 Sales Returns 40,000 Opening Stock 90,000 Cash in Hand 65,000 Salaries 35,000 30,000 Rent 20,000 Commission received Drawings 20,000 50,000 Wages 15,000 General Expenses 145,000 Creditors 90,000 Debtors 65,000 Machinery 50,000 Furniture 140,000 Land and Building 135,000 Bank Loan 870,000 870,000 Closing Stock is 250,000 dhs BEST WISHES