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From the following balances of Anand, pr...

From the following balances of Anand, prepare Trading Account, Profit and Loss Account, and Balance Sheet as at 31st March, 2019

Value of goods on hand (31st March, 2019) was Rs 1,43,000

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The correct Answer is:
Gross Profit - Rs 1,61,450; Net Profit - Rs 88,730; Balance Sheet Total - Rs 6,81,200
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