Prepare Trading Account for the year ended 31st March, 2019 from the following balances:
`{:(,Rs,|,,Rs),("Stock" (1st " April, 2018"),"1,00,000",,"Purchases","10,00,000"),("Wages","50,000",,"Carriage Inwards","10,000"),("Sales","15,50,000",,"Returns Inward","50,000"),("Returns Outward","80,000",,,),("Freight Inwards","5,000",,,):}`
Closing Stock as on 31st March, 2019 was valued at Rs 2,00,000.
Also, pass the Closing Entries.

From the following information, prepare Trading Account for the year ended 31st March, 2019: {:(,Rs,|,,Rs),("Opening Stock","1,00,000",,"Wages","2,000"),("Purchaese","2,80,000",,"Freight Inwards","3,600"),("Closing Stock","80,000",,"Carriage Inwards","1,000"):} Gross Profit on Sales is 20%

Prepare Trading Account as on 31st March, 2019 from the following balances: {:(,Rs,),("Stock on 1st April, 2018"...............,"10,000",),("Sales Return"................,"5,000",),("Sales"............,"2,00,000",),("Wages"............,"11,000",),("Purchases".........,"2,00,000",),("Purchaes Return"........,"2,500",),("Carriage Inwards"........,"1,500",),("Carriage Outwards"........,"3,000",),("Freight Inwards"........,"2,500",):} The Closing Stock of goods as on 31st March, 2019 is Rs 20,000

Prepare Trading and Profit and Loss Account and Balance Sheet of Jagat Shan as at 31st March, 2019 from the following balance: The Closing Stock was valued at Rs 2,00,000

From the following balance taken from the Trial Balance of a firm as on 31 st March, 2019, prepare the Trading Account: {:(,,Rs,),("Opening Stock","Raw Material","40,000",),(,"Finished Goods","70,000",),("Purchases",,"1,80,000",),("Sales",,"3,50,000",),("Returns","Purchases","5,000",),(,"Sales","3,000",),("Wages",,"65,000",),("Factory Expenses",,"45,000",),("Freight","Inwards","10,000",),(,"Outwards","15,000",):} At the end of the concerned period, the stocks at hand were : {:("Raw Materials","35,000",),("Work-in-Process","10,000",),("Finished Goods","55,000",):}

From the following information, prepare Trading Account for the year ended 31st March, 2019: Net Realisable Value (Market Value) of stock as on 31st March, 2019 was Rs 1,20,000