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* Gangy Sondh starts business on 1st April 20x1 with a capat of Re The following That Balance was drawn up from his books at
* Gangy Sondh starts business on 1st April 20x1 with a capat of Re The following That Balance was drawn up from his books at the end T toward T B P Printing and Stationery P P Twin Charges P Rent and Taxes P Sundry Debtors I Bills Receivable Investments & Discount f Cash at bank Cash in hand DRL 116 000 8.000 10 000 800 1.200 600 1.400 25.000 5.000 15.000 500 16,000 3,000 2.21,000 Sales T Sundry Creators B Rs Payable B 8.000 ustan 2.21.000 The value of stock as at 31st March, 20X2 was Rs 26,000. You are required to prepare his Trading and Profit & Loss Account for the year ended 31st March, 20X2 nd a Balance Sheet as on that date after taking the following facts into account: (a) Interest on capital is to be provided at 6% per annum
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