From the following information supplied by Ms. Sudha, calculate the amount of Net Sales
Debtors on April 01, 2016 = Rs 65,000
Debtors on March 31, 2017 = Rs 50,000
Opening balance of bills receivable as on April 01, 2016 = Rs 23,000
Closing balance of bills receivable as on March 31, 2017 = Rs 29,000
Cash received from debtors = Rs 3,02,000
Discount allowed =Rs 8,000
Cash received against bills receivable =Rs 21,000
Bad debts = Rs 14,000
Bill receivables (dishonoured) = Rs 20,000
Cash sales = Rs 2,25,000
Sales return = Rs 17,000

Compute the amount of total purchases and total sales of Mr. Amit from the following information for the year ending on March 31, 2017. Total debtors as on April 01, 2016 = Rs40,000 Total creditors as on April 01, 2016 = Rs 50,000 Bills receivable as on April 01, 2016 = Rs 30,000 Bills payable as on April 01, 2016 = Rs 45,000 Discount received = Rs 5,000 Bad debts = Rs 2,000 Return inwards =Rs 4,000 Discount allowed =Rs 3,000 Cash sales = Rs 10,000 Cash purchases = Rs 8,000 Total debtors as on March 31, 2017 = Rs 80,000 Cash received from debtors = Rs 1,00,000 Cash paid to creditors = Rs 80,000 Cash received against bills receivable = Rs 25,000 Payment made against bills receivable = Rs 40,000 Total creditors as on March 31, 2017 = Rs 40,000 Bills payable as on March 31, 2017 = Rs 50,000 Bills receivable as on March 31, 2017 = Rs 35,000

From the following information, prepare the bills receivable account and total debtors account for the year ended March 31, 2017.

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

Dinesh does not keep systematic books of account due to lack of Knowledge about the double entry system of accounting. He supplies you the following information : (i) Assests and liabilities March 31, 2017 iii) Transaction during the year: Cash received from debtors = Rs 80,000 Discount allowed to debtors = Rs 1,400 Bad debts written off = Rs 1,800 Cash paid to creditors = Rs 63,000 Discount allowed by creditors = Rs 1,000 Sales return =Rs 3,000 Purchases return = Rs 2,000 Expenses paid Rs 6,000 Drawings = Rs 5,000 Rent paid = Rs 2,500 (iii) Other information Outstanding expenses Rs 1,200. Charge 10 per cent depreciation on furniture and 5 per cent on motor van.Dinesh informs that he sells goods at cost plus 40 per cent. A provision of 5 per cent on debtors is to be created. Prepare his trading and profit and loss account and balance sheet as on March 31, 2017