The following balances of ledger of M/s Marble Traders on April 01, 2017 | 11 | RECORDING OF TR...

The following balances appeared in the trial balance of M/s Kapil Traders as on March 31, 2017 The partners of the firm agreed to records the following adjustments in the books of the Firm: Further bad debts Rs.300. Maintain provision for bad debts 10%. Show the following adjustments in the bad debts account, provision account, debtors account, profit and loss account and balance sheet.

Prepare trading and profit and loss account from the following particulars of M/s Neema Traders as on March 31, 2017. Stock on March 31,2017 Rs. 16,000

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

Following is the Balance Sheet of Title Machine Ltd. as at March 31, 2017.

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 :

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