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Following is the Trading Account of Mr Stevie ( a sole proprietor) TRADING ACCOUNT For the year ending...... Dr. Cr. 1 Particulars $ Particulars $
Following is the Trading Account of Mr Stevie ( a sole proprietor) TRADING ACCOUNT For the year ending...... Dr. Cr. 1 Particulars $ Particulars $ ? By Sales By Closing Stock ? 90,000 15,000 To Opening Stock To Purchases Less : Return To Carriage Inward To Heating and Lighting To Gross Profit 75,000 10,000 3,000 ? 1,47,000 1,47,000 Additional information (i) (ii) Gross Profit Ratio is 1/3rd on sales Stock at the end is $ 10,000 in excess of Stock in the beginning. Find the value of missing figures in the above Trading account
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