Professional Documents
Culture Documents
To Opening Stock
To Purchases
To Power and Fuel
To Wages
To Gross Profit C/D
Amt
To Salaries
To Postage
To Trade Exp
To Bad debts
To Furniture depreciation
To Bad debts
To RDD
To Loss by fire
To Net Profit C/D
Libilities
Capital
Less Drawings
Add NP
Sundry Crditor
Bills Payble
Outstanding Wages
Oustanding Trade Exp
Amt
10000
4452
5548
37566
Amt
Amt
252600
12250
1500
266350
52633
5200
100
57933
Amt
7250
725
50200
500
49700
2485
3000
100
Amt
6525
47215
10000
12250
3100
1000
80090
Particulars
To Opening Stock
To Purchases
Less Free Sample
To Power and Fuel
To Carriage inward
To Wages
Add O/S
To Gross Profit C/D
Amt
145000
2000
Add NP
Sundry Crditor
Bills Payble
Outstanding Wages
Oustanding Trade Exp
By Closing Stock
143000
By Goods destroyed by fire
2040
23600
6400
30000
137960
324400
By Gross Profit B/D
8420 By Resrve for doubtful debt
6108 By Intrest Accrued
3600
2400
2680
1630
6430
4500
7150
2000
93042
137960
To Salaries
To Motor car exp
To Rent
To Insurance Preumium
To Gen Exp
To Carriage Outword
To Fuel and power
To RDD
To Dept
To Free Sample
To Net Profit C/D
Libilities
Capital
Less Drawings
Amt
20000
8000
12000
93042
Balancesheet
Amt
Asset
Furniture
Less Dept
Debtors
105042 Less Bad Debts
22000 Less RDD
Cash in hand
6400 Stock
Motor Car
Less Dept
Loan
Add 10 % Int
Cash in bank
Machinery
Less Dept
133442
Amt
292000
2600
Amt
289400
35000
324400
137960
137960
Amt
3500
350
52000
2000
50000
2500
Amt
3150
47500
2392
35000
22000
4400
17600
6200
24000
2400
21600
133442
304776
304776