1.From the following trial balance of Mr. Jaydeo, prepare Trading and Profit and Loss account for the year ended on 31 March,2017 and Balance sheet on that date. Debit Balances Amount ? Credit Balances Amount ? 1,09,000 Sundry creditors 3,700 Sales 14,600 | Bad debts reserve 7,300 Commission 3,00,000 Capital A/c 60,000 15,000 3,700 88,000 32,800 28.600 45,600 1,94,000 2,000 5,500 4,62,500 Purchascs Insurance Rent, rates and Taxes Office expenses Land and Building Plant and Machincry Furniture Carriage Inward Sundry Debtors Stock on 1.4.2013 Wagęs and Salary

1.From the following trial balance of Mr. Jaydeo, prepare Trading and Profit and Loss account for the year ended on 31 March,2017 and Balance sheet on that date. Debit Balances Amount ? Credit Balances Amount ? 1,09,000 Sundry creditors 3,700 Sales 14,600 | Bad debts reserve 7,300 Commission 3,00,000 Capital A/c 60,000 15,000 3,700 88,000 32,800 28.600 45,600 1,94,000 2,000 5,500 4,62,500 Purchascs Insurance Rent, rates and Taxes Office expenses Land and Building Plant and Machincry Furniture Carriage Inward Sundry Debtors Stock on 1.4.2013 Wagęs and Salary

Name: 1.From the following trial balance of Mr. Jaydeo, prepare Trading and
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Description: 1.From the following trial balance of Mr. Jaydeo, prepare Trading and Profit and Lossaccount for the year ended on 31st March,2017 and Balance sheet on that date.Debit BalancesAmount zCredit BalancesAmount ?1,09,000 Sundry creditors3,700 Sales14,600

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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