Question
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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