(Transfer Entries). Give the Journal entries for the following: Gross Profit of ₹ 32,000 from Trading Account to Profit & Loss Account.
(Transfer Entries). Give the Journal entries for the following:
(i) Gross Profit of ₹ 32,000 from Trading Account to Profit & Loss Account.
(ii) Net Profit of ₹ 14,500 to Capital Account of Sri Sankar Saha.
(iii) Sri Sankar Saha draws ₹ 10,000 from his Capital Account.
(iv) Purchases Return of ₹ 7,000.
(v) Sales Return 0f ₹ 6,000.
Anurag Pathak Changed status to publish September 22, 2023
