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Trial Balance of Chaman on 31st March, 2023 had the following balances:

  ₹   ₹

Debit Balances:

Plant and Machinery

Purchases

Sales Return

Opening Stock

Discount Allowed

Bank Charges

Sundry Debtors

Salaries

Wages

90,000

58,750

1,000

40,000

350 75

45,000

6,800

10,000

Debit Balances (Contd.):

Rent

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Cash at Bank

Credit Balances:

Capital

Sales

Purchases Return

Discount Received

Sundry Creditors

 

2,000

3,200

 

 

6,900

1,10,000

1,27,000

1,275 800

25,000

Stock on 31st March, 2023 was valued at ₹ 35,000. Prepare Trading Account, Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date.

Anurag Pathak Changed status to publish October 26, 2023
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