From the following particulars of Raj Chand, prepare the Trading Account for the year ending on Dec 31, 20…..
|
Rs. |
Rs. |
||
|
Opening stock |
60,000 |
Manager’s salary (office) |
1,20,000 |
|
purchase |
5,00,000 |
Manager’s salary (factory) |
1,25,000 |
|
Purchase returns |
10,000 |
Fuel, gas, water |
30,000 |
|
Sales |
11,00,000 |
Custom duty |
10,000 |
|
Sales return |
20,000 |
Dock dues |
1,500 |
|
Clearing charges |
4,000 |
Rent (office) |
12,000 |
|
Carriage on sales |
7,700 |
Rent (factory) |
20,000 |
|
Royalty |
5,000 |
Wages (Productivity) |
1,60,000 |
|
Factory light and power |
25,000 |
Carriage and freight |
12,000 |
|
Office insurance |
19,000 |
Salary of foreman |
1,48,000 |
|
Octroi |
2,500 |
Stock at the end |
3,40,000 |
|
Factory insurance |
17,500 |
||
|
General insurance |
67,500 |