Following are the balances as on 31st March, 2023 extracted from the books of Dass: Sales 9,20,000 Purchases 6,83,000
Following are the balances as on 31st March, 2023 extracted from the books of Dass:
|  | ₹ |  | ₹ |
|
Sales Purchases Returns Inward Returns Outward Stock on 1st April, 2022 Carriage Inwards Rent Discount Printing Insurance Travelling Expenses |
9,20,000 6,83,000 13,000 22,000 1,76,000 24,000 22,000 37,500 7,200 5,000 14,000 |
Postage and Courier Miscellaneous Expenses Bad Debts Debtors Creditors Loan from Sahil Capital Drawings Business Premises Furniture |
6,200 9,000 4,000 2,20,000 1,28,000 50,000 5,25,000 19,100 3,90,000 15,000 |
The Stock on 31st March, 2023 was valued at ₹ 2,40,000.
Prepare Trading Account, Profit & Loss Account and Balance Sheet as at 31st March, 2023.
[Gross Profit – ₹ 2,86,000; Net Profit – ₹ 1,81,100; Balance Sheet Total – ₹ 8,65,000.]
Anurag Pathak Changed status to publish October 12, 2023
