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Prepare Trading and profit and loss account for the year ended at 31^st December, 2015 with the help of following: Opening stock = 50000 AED
Prepare Trading and profit and loss account for the year ended at 31^st December, 2015 with the help of following: Opening stock = 50000 AED Closing stock = 20000 AED Sales= 500000 AED Purchases = 325000 AED Office Rent = 5000 AED Salary = 2000 AED Wages= 1300 AED Factory Rent = 2300 AED Office manager Salary = 2500 AED Commission Received= 500 AED Discount given = 600 AED Interest Received = 700 AED Mobile Expenses = 1800 AED Carriage = 500 AED Royalty = 200 AED
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