From the following information, prepare ...

From the following information, prepare Trading Account for the year ended 31st March, 2019:
Cash Purchases Rs 1,50,000, Credit Purchases Rs 9,00,000, Returns Inward Rs 20,000, Cash Sales Rs 1,60,000, Credit Sales Rs 11,00,000, Reutrns Outward Rs 10,000, Freight Inwards Rs 3,000, Carriage Inwards Rs 3,000, Wages and Salaries Rs 4,000, Opening Stock Rs 1,50,000, Closing Stock Rs 88,000 but its net realisable value (market value) is Rs 84,000

Similar Questions

Explore conceptually related problems

From the following information, prepare Trading Account for the year ended 31st March, 2019: Adjusted Purchases Rs 11,00,000, Sales Rs 12,50,000 Freight and Carriage Inwards Rs 6,000, Wages Rs 14,000, Freight and Cartage Outwards Rs 5,000, Closing Stock Rs 1,00,000

From the following information, prepare Trading Account for the year ended 31st March, 2019: Adjusted Purchases Rs 5,50,000, Sales Rs 6,25,000, Freight and Carraige Inwards Rs 3,000, Wages Rs 7,000, Freight and Cartage Outwards Rs 2,500, Closing Stock Rs 50,000

From the following information, prepare Trading Account for the year ended 31st March, 2019: Adjusted Purchases Rs 6,60,000, Sales Rs 7,44,000: Closing Stock Rs 50,400, Freight and Carriage Inwards Rs 3,600, Wages Rs 6,000, Freight and Cartage Outwards Rs 2,000

From the following information, prepare Trading Account for the year ended 31st March, 2019: {:(,Rs,|,,Rs),("Opening Stock","1,00,000",,"Wages","2,000"),("Purchaese","2,80,000",,"Freight Inwards","3,600"),("Closing Stock","80,000",,"Carriage Inwards","1,000"):} Gross Profit on Sales is 20%

Similar Questions

Recommended Questions