Prepare the bad debts account, provision for account, profit and loss account and balance sheet from the following information as on March 31, 2017

Adjustments :
Bad debts Rs. 500 Provision on debtors @ 3%.

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

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

Preparing Trading And Profit And Loss Account And Balance Sheet

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

The following balances has been extracted from the trial of M/s Runway Shine Ltd. Prepare a trading and profit and loss account and a balance sheet as on March 31, 2017. Adjustments 1. Further bad debts Rs. 1,000. Discount on debtors Rs. 500 and make a provision on debtors @ 5%. 2. Interest received on investment @ 5%. 3. Wages and interest outstanding Rs. 100 and Rs. 200 respectely. 4. Depreciation charged on motor car @ 5% p.a. 5. Closing Stock Rs. 32,500.

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

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.

Prepare the trading and profit and loss account and a balance sheet of M/s Shine Ltd. from the following particulars. Adjustments 1. Closing stock was valued Rs. 35,000. 2. Depreciation charged on furniture and fixture @ 5%. 3. Further bad debts Rs. 1,000. Make a provision for bad debts @ 5% on sundry debtors. 4. Depreciation charged on motor car @ 10%. 5. Interest on drawing @ 6%. 6. Rent, rates and taxes was outstanding Rs.200. 7. Discount on debtors 2%.

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, prepare the trading and profit and loss account and balance sheet as on March 31, 2017. Adjustments 1. Closing stock Rs. 70,000 Rs. 2. Create a reserve for bad and doubtful debts @ 10% on book debts Rs. 3. Insurance prepaid Rs. 50 4. Rent outstanding Rs. 150 5. Interest on loan is due @ 6% p.a.