Q.No.3(C). From the Trial Balance and information given below, prepare Trading A/c and Profit \& Loss A/c for the The stock on 31 st December, 2010 was 12,450. Rent was unpaid to the extent of 80 and IJu wurw doubtful debts. trade expenses. 400 are to be written off as bad debts out of the above debtors. 5% is to be provided for doubtui debts. Depreciate plant and machinery by 10% and business premises by 2%. (Ans. G.P. 6,080; N. Loss 4,275; Balance Sheet Total 93,610 )