Prepare Trading Account from the transactions given below: Opening Stock 33,000 Purchases 29,000
Prepare Trading Account from the transactions given below:
Also pass the Journal entries
[Gross Profit – ₹ 22,900.]
[Hint: Depreciation is not accounted in the Trading Account.]
Opening Stock Purchases Sales Return Sales | 33,000 29,000 500 25,400 | Purchases Return Closing Stock Carriage Inwards Depreciation | 2,400 57,700 100 2,000 |
Anurag Pathak Changed status to publish October 12, 2023