Below is given the Trial Balance of Mr. Ram as at 31st December, 2022. You are required to prepare Trading and Profit & Loss Account and Balance Sheet as at that date.
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Below is given the Trial Balance of Mr. Ram as at 31st December, 2022. You are required to prepare Trading and Profit & Loss Account and Balance Sheet as at that date.
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Prepare a trading and profit & loss account of M/s Green Club Ltd. for the year and a Balance Sheet as at that date from the following figures taken from their trial balance:
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From the following balances extracted from the books of Sharma, prepare the Trading and Profit & Loss Account for the year ended 31st March 2023 and Balance Sheet as at that date after taking into consideration the adjustments given below:
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The following is the trial balance of Mr. Amar Chand as at 31st March, 2023: Stock on 1st April, 2022 ₹ 62,000 Purchases and Sales ₹ 3,15,000 ₹ 4,48,000
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From the following balances extracted from the books of Karan and the additional information, prepare the trading and profit and loss account for the year ended 31st March, 2023 and also show the balance sheet as at that date:
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The following balances were taken from the books of Shri R. Lal as at 31st March, 2023 Capital ₹ 1,00,000 Drawing ₹ 17,600
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Prepare Trading and Profit and Loss Account and Balance Sheet from the following Trial Balance and information as on 31st March, 2023 Drawings and Capital ₹ 15,000 ₹ 3,25,000
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Following are balances from the trial balance of Ritesh Traders as at 31st March 2023 Opening Stock ₹ 5,620 Purchases ₹ 1,54,200
Solution:- Hints: (i) Customer’s A/c means Debtors A/c (ii) Supplier’s A/c means Creditors A/c (iii) Repairs to Machinery will appear on Dr. side of P & L A/c (iv) Securities means Investments. It will appear on the assets side…
From the following Trial Balance and other information prepare Trading and Profit and Loss Account for the year ended 31st March 2016 and Balance Sheet as at that date. Sundry Debtors ₹ 32,000
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