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From the following Trial Balance of Agro farm, prepare trading and profit and loss account for the year ended 31st December 2021 and balance sheet
From the following Trial Balance of Agro farm, prepare trading and profit and loss account for the year ended 31st December 2021 and balance sheet as on that date. Additional Information 1. Closing stocks on 31/12/2021 were: 2. Depreciation on farm machinery was 10%. 3. Vegetables worth $1,000 were consumed by the proprietor. 4. Grain worth $1,000 was given to the workers as part of their wages
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