The following trial balance is extracted from the books of M/s Ram on March 31, 2017. You are required to prepare trading and profit and loss account and the balance sheet as on date :

From the following balances extracted from the book of M/s Manju Chawla on March 31, 2017. You are requested to prepare the trading and profit and loss account and a balance sheet as on this date. Closing stock was Rs. 2,000. (a) Interest on drawings @ 7% and interest on capital @ 5%. (b) Land and Machinery is depreciated at 5%. (c) Interest on investment @ 6%. (d) Unexpired rent Rs. 100. (e) Charge 5% depreciation on furniture.

The following is the trial balance of Manju Chawla on March 31, 2017. You are required to prepare trading and profit and loss account and a balance sheet as on date : Closing stock Rs. 2,000

The following is the trial balance of Mr. Deepak as on March 31, 2017. You are required to prepare trading account, profit and loss account and a balance sheet as on date :

Preparing Trading And Profit And Loss Account And Balance Sheet

The following balances have been extracted from the books of M/s Green House for the year ended March 31, 2017, prepare trading and profit and loss account and balance sheet as on this date. Adjustments : (a) Machinery is depreciated at 10% and buildings depreciated at 6%. (b) Interest on capital @ 4%. (c) Outstanding wages Rs. 50. (d) Closing stock Rs. 50,000.

Following balances have been extracted from the trial balance of M/s Keshav Electronics Ltd. You are required to prepare the trading and profit and loss account and a balance sheet as on March 31, 2017. The following additional information is available : 1. Stock on March 31, 2017 was Rs. 30,000. 2. Depreciation is to be charged on building at 5% and motor van at 10%. 3. Provision for doubtful debts is to be maintained at 5% on Sundry Debtors. 4. Unexpired insurance was Rs. 600. 5. The Manager is entitled to a commissiion @ 5% on net profit after charging such commission.

The following were the balances extracted from the books of Yogita as on March 31, 2017: Taking into account the following adjustments prepare trading and profit and loss account and balance sheet as on March 31, 2017 : (a) Stock in hand on March 31, 2017, was Rs. 6,800. (b) Machinery is to be depreciated at the rate of 10% and patents @ 20%. (c) Salaries for the month of March, 2017 amounting to Rs. 1,500 were outstanding. (d) Insurance includes a premium of Rs. 170 on a policy expiring on September 30, 2017. (e) Further bad debts are Rs. 725. Create a provision @ 5% on debtors. (f) Rent receivable Rs. 1,000.

The following balances were extracted from the books of M/s Panchsheel Garments on March 31, 2017. Prepare the trading and profit and loss account for the year ended March 31, 2017 and a balance sheet as on that date. (a) Unexpired insurance Rs. 1,000. (b) Salary due but not paid Rs. 1800. (c) Wages outstanding Rs. 200. (d) Interest on capital 5%. (e) Scooter is depreciated @ 5%. (f) Furniture is depreciated @ 10%. (g) Closing stock was Rs. 15,000.

From the following balances of M/s Nilu Sarees as on March 31, 2017. Prepare trading and profit and loss account and balance sheet as on date. Closing stock as on March 31,2017 Rs. 22,000