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From the following information, prepare Trading Account for the year ended 31st March, 2023:
Stock on 1st April, 2022 Purchases Sales Carriage Inwards 40,000 4,00,000 3,80,000 20,000 Returns Outward Wages and Salaries Returns Inward Stock on 31st March, 2023 80,000 50,000 20,000 1,30,000
Net Realisable Value (Market Value) of Stock as on 31st March, 2023 was ₹ 1,20,000. [Gross Profit – ₹ 50,000.]
Anurag Pathak Changed status to publish October 12, 2023
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