Prepare a trading and profit and loss account for the year ending March 31, 2017. from the balances extracted of M/s Rahul Sons. Also prepare a balance sheet at the end of the year.

Adjustments
1. Commission received in advance Rs. 1,000.
2. Rent receivable Rs. 2,000.
3. Salary outstanding Rs. 1,000 and insurance prepaid Rs. 800.
4. Further bad debts Rs. 1,000 and provision for doubtful debts @ 5% on debtors and discount on debtors @ 2%.
5. Closing stock Rs. 32,000.
6. Depreciation on building @ 6% p.a.

Prepare trading and profit and loss account and balance sheet as on March 31, 2017 : Closing stock as on March 31, 2017 Rs. 22,400

Prepare trading and profit and loss account of M/s Sports Equipments for the year ended March 31, 2017 and balance sheet as on that date : Closing stock as on March 31, 2017 Rs. 2,500

From the following balances prepare a trading and profit and loss account and balance sheet for the year ended March 31, 2017

Prepare trading and profit and loss account and balance sheet from the following particulars as on March 31, 2017. Closing stock Rs. 30,000

The following balances have been extracted from the trial balance of M/s Kolkata Ltd. You are required to prepare the trading and profit and loss account on dated March 31, 2017. Also prepare balance sheet on that date. Adjustments 1. Outstanding salaries Rs. 100. Rent and taxes Rs. 200, Wages Rs. 100. 2. Unexpired insurance Rs. 500. 3. Commission is received in advances Rs. 50. 4. Interest Rs. 500 is to be received on bank deposits. ltbr. 5. Interest on bank overdraft Rs. 750. 6. Depreciation on furniture @ 10%. 7. Closing stock Rs. 9,000. 8. Further bad debts Rs. 200 New provision @ 5% on debtors. 9. Apprenticeship premium received in advance Rs. 100. 10. Interest on drawings @ 6%.

Prepare trading and profit and loss account and balance sheet of M/s Royal Traders from the following balances as on March 31, 2017. Closing stock Rs. 8,000

From the following balances prepare trading and profit and loss account and balance sheet for the year ended March 31, 2017 The value of closing stock on March 31, 2017 was Rs 25,400

From the following balances extracted from the books of Raga Ltd. prepare a trading and profit and loss account for the year ended March 31, 2017 and a balance sheet as on that date. The additional information is as under : 1. Closing stock was valued at the end of the year Rs. 20,000. 2. Depreciation on plant and machinery charged at 5% and land and building at 10%. 3. Discount on debtors at 3%. 4. Make a provision at 5% on debtors for doubtful debts. 5. Salary outstanding was Rs. 100 and Wages prepaid was Rs. 40. 6. The manager is entitled a commission of 5% on net profit after charging such commission.

From the following Trial Balance, Prepare Trading and Profit and Loss Account for the year ended 31st March, 2019 and Balance Sheet as at that date: On 31st March, 2019 the stock was valued at Rs 1,00,000