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The following balances of ledger of M/s ...

The following balances of ledger of M/s Marble Traders on April 01, 2017

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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

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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.

The following is the trial balance of Mr. Deepak as on March 31, 2017. You are required to prepare trading account, profit and loss account and a balance sheet as on date :

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

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