Prepare trading account from the following ledger balances presented by S as Stock (1-4-2015) Purchases Wages Carriage inwards Freight inwards on 31st March, 2016. 10,000 Sales 1,60,000 Returns inward 30,000 Returns outward 10,000 Gas and Fuel 8,000 3,00,000 16,000 10,000 8,000 Additional information: i. ii. iii. Stock on 31st March, 2016 Rs. 20,000 Outstanding wages amounted to Rs. 4,000 Gas and fuel was paid in advance for Rs. 1,000 Additional information: i. ii. iii. Stock on 31st March, 2016 Rs. 20,000 Outstanding wages amounted to Rs. 4,000 Gas and fuel was paid in advance for Rs. 1,000