From the following particulars of Mr. Raj for the year ending on Mar 31, 2010, prepare the trading account.
|
Rs |
Rs |
||
|
Opening Stock |
1,25.000 |
Sales |
22,50,000 |
|
Purchases |
10,25,000 |
Sales Returns |
12,500 |
|
Purchases Returns |
6.000 |
Clearing Charges |
2250 |
|
Carriage and Freight |
20.000 |
Carriage on Sales |
3,350 |
|
Royalty on Productton |
2.700 |
Customs Duty |
28,000 |
|
Office Rent |
6,000 |
Dock Dues |
1,200 |
|
Factory Rent |
12,500 |
Octroi |
3,750 |
|
Manager’s Salary (office) |
60,000 |
Manager’s Salary (factory) |
82,500 |
|
Salary of Foreman |
56,000 |
Factory Insurance |
2,750 |
|
Office Insurance |
2,100 |
Fuel. Gas. Water |
37,500 |
|
Factory Light and Power |
39,000 |
General Expenses |
27,500 |
|
Stock at the end |
1,87,500 |
Wages (productive) |
2,06,000 |