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From the following ledger balances. Prepare profit and loss account and balance sheet for the year ended 31-12-2018 Adjustments: 1. Closing Stock Ro.15, 000 2.
From the following ledger balances. Prepare profit and loss account and balance sheet for the year ended 31-12-2018 Adjustments: 1. Closing Stock Ro.15, 000 2. Depreciate Plant and machinery by 10% and furniture by 15% 3. Interest accrued Ro.500 4. Provision for doubtful debts is to be maintained at 2%
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