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From the following balance taken from th...

From the following balance taken from the Trial Balance of a firm as on 31 st March, 2019, prepare the Trading Account:
`{:(,,Rs,),("Opening Stock","Raw Material","40,000",),(,"Finished Goods","70,000",),("Purchases",,"1,80,000",),("Sales",,"3,50,000",),("Returns","Purchases","5,000",),(,"Sales","3,000",),("Wages",,"65,000",),("Factory Expenses",,"45,000",),("Freight","Inwards","10,000",),(,"Outwards","15,000",):}`
At the end of the concerned period, the stocks at hand were :
`{:("Raw Materials","35,000",),("Work-in-Process","10,000",),("Finished Goods","55,000",):}`

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Prepare Trading Account for the year ended 31st March, 2019 from the following balances: {:(,Rs,|,,Rs),("Stock" (1st " April, 2018"),"1,00,000",,"Purchases","10,00,000"),("Wages","50,000",,"Carriage Inwards","10,000"),("Sales","15,50,000",,"Returns Inward","50,000"),("Returns Outward","80,000",,,),("Freight Inwards","5,000",,,):} Closing Stock as on 31st March, 2019 was valued at Rs 2,00,000. Also, pass the Closing Entries.

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%

Ascetain Cost of Goods Sold from the following {:(,Rs,|,,Rs),("Indirect Expenses","15,200",,"Direct Expenses","18,600"),("Sales","1,20,000",,"Net Purchases","72,000"),("Return Inwards","12,000",,"Return Outwards","8,000"),("Opening Inventory","16,000",,"Closing Inventory ","28,000"):}

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