Prepar Trading Account from the transactions given below:

Also pass the Journal entries

Prepare Return Inward Journal (Book) from the following transactions of M/s Bansal Electronics for July 2017:

Global ltd. issued 10,000, 8% Debentures of ₹ 100 each redeemable in four equal instalments by draw of lots from the end of 3 years at a premium of ₹9. Pass the Journal entries for writing off the Loss on Issue of Debentures. Also prepare Loss on Issue of Debentures Account .

From the following, prepare Profit and Loss Account of Sohan Lal as it would appear in the 1st year that ended 31st March, 2019: The Gross Profit was 45% of Sales, which amounted to Rs 6,50,000 Also pass the Journal entries