Prepare Trading Account from the following
particulars for the year ended 31st march 2010
|
PARTICULARS
|
RS
|
PARTICULARS
|
RS
|
|
Opening stocks
|
25000
|
Purchase returns
|
4000
|
|
Sales
|
18000
|
Sales returns
|
3000
|
|
Wages
|
30000
|
Carriage inwards
|
2000
|
|
Carriage outward
|
2000
|
Purchases
|
70000
|
|
Manufacturing expenses
|
24000
|
|
|
|
Gas, fuel & power
|
6000
|
|
|
|
Closing stock
|
60000
|
|
|
SOLUTION
TRADING ACCOUNT
FOR THE YEAR ENDED 31TH MARCH 2010
|
PARTICULARS
|
RS (DR)
|
PARTICULARS
|
RS (CR)
|
|
To opening stock
|
25000
|
By sales
180000
less returns (3000) |
177000
|
|
To purchases 70000
less returns (4000) |
66000
|
By closing stock
|
60000
|
|
To wages
|
30000
|
|
|
|
To manufacturing expenses
|
24000
|
|
|
|
To gas, fuel & power
|
6000
|
|
|
|
To carriage inwards
|
2000
|
|
|
|
To gross profit
|
84000
|
|
|
|
Totals
|
237000
|
Totals
|
237000
|
