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b27 Example 15: From the following information prepare Manufacturing, Trading and Profit and Loss Account for the year ending on 31/03/2017and Balance Sheet as on
b27 Example 15: From the following information prepare Manufacturing, Trading and Profit and Loss Account for the year ending on 31/03/2017and Balance Sheet as on that date. Particulars Amt. Particulars Amt. 2,00,000 5,000 2,400 Stock (1.4.16): Raw Materials Work-in-Progress Finished Goods Purchases : Raw Materials Finished Goods Carriage Inwards Productive Wages Stones Consumed Factory Lighting Office Building Discount Received Factory Insurance Repairs Plant Repairs Factory Building Repairs Office Building Stock (31.3.17): Raw Materials Work-in-Progress Finished Goods Sundry Manufacturing Expense Sale of Finished Goods 40,700 Office Lighting 30,540 Motive Power 40,300 Depreciation : Factory Building 1,60,600 Plant and Machinery 40,400 Office Building 4,600 Office Furniture 20,000 Cash in hand 16,400 Sundry Debtors 2,000 Sundry Creditors 50,000 Factory Building 2,340 Furniture 4,000 plant and Machinery 2,000 Capital 3,000 2,600 4,000 2,000 400 1,600 18,000 80,000 70,000 1,20,000 30,000 1,60,000 5,82,200 70,000 60,000 1,00,000 4,000
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