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Please solve the below given question 1- From following account balances, prepare a Trading account of M/S Ram Lal and Sons. Their accounting year ends

Please solve the below given question

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1- From following account balances, prepare a Trading account of M/S Ram Lal and Sons. Their accounting year ends on 315 March, 2015. Particulars Amount Particulars Amount Opening stock 40,000 Sales returns 6,000 Wages 10,000 Carriage outward 8,000 Purchase of goods 1,60,000 Freight 10,000 Purchases returns 3,000 Insurance of goods and warehouse 5,000 Carriage inward 4,000 Closing stock 60,000 Sale of goods 3,20,000

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