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Q. From the following information in Trial balance prepare Trading, Profit and Loss Account and Balance Sheet of the company as on 31 st December

Q. From the following information in Trial balance prepare Trading, Profit and Loss Account and Balance Sheet of the company as on 31st December 2020.

Particulars

Dr. Amount (Dhs)

Cr. Amount (Dhs)

Capital

Purchases

Purchase Returns

Sales

Sales Returns

Opening Stock

Cash in Hand

Salaries

Rent

Commission received

Drawings

Wages

General Expenses

Creditors

Debtors

Machinery

Furniture

Land and Building

Bank Loan

200,000

50,000

90,000

65,000

35,000

30,000

20,000

50,000

15,000

100,000

65,000

50,000

170,000

300,000

10,000

310,000

20,000

145,000

155,000

940,000

940,000

Closing Stock is 320,000 dhs

Answers should be in Word version or Excel

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