From the following trial balance of Mrs. Renu prepare Trading, Profit and Loss Account for the year ended on Dec 31, 2009.
|
Particulars |
Dr. Rs |
Particulars |
Dr. Rs |
|
Purchases |
16,20,000 |
Sales |
31,20,000 |
|
Salaries and Wages |
10,50,000 |
Returns Outward |
36,000 |
|
Office Expenses |
12,000 |
Discount Received |
18,000 |
|
Trading Expenses |
24,000 |
Interest Received |
9,000 |
|
Factory Expenses |
33,000 |
Capital |
5,34,000 |
|
Carriage Inwards |
24,000 |
||
|
Return Inward |
36,000 |
||
|
Discount Allowed |
12,000 |
||
|
Commission |
6,000 |
||
|
Stock |
1,80,000 |
||
|
Income Tax |
1,20,000 |
||
|
Cash in hand |
6,00,000 |
||
|
37,17,000 |
37,17,000 |