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प्रश्न
Prepare trading and profit and loss account and balance sheet of M/s Royal Traders from the following balances as on March 31, 2017.
| Debit balances | Amount ₹ |
Credit balances | Amount ₹ |
| Stock | 20,000 | Sales | 2,45,000 |
| Cash | 5,000 | Creditors | 10,000 |
| Bank | 10,000 | Bills payable | 4,000 |
| Carriage on purchases | 1,500 | Capital | 2,00,000 |
| Purchases | 1,90,000 | ||
| Drawings | 9,000 | ||
| Wages | 55,000 | ||
| Machinery | 1,00,000 | ||
| Debtors | 27,000 | ||
| Postage | 300 | ||
| Sundry expenses | 1,700 | ||
| Rent | 4,500 | ||
| Furniture | 35,000 |
Closing stock ₹ 8,000.
रोजकीर्द नोंद
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उत्तर
| Dr. | Trading Account as on March 31, 2017 | Cr. | |
| Particulars | Amount ₹ |
Particulars | Amount ₹ |
| Opening Stock | 20,000 | Sales | 2,45,000 |
| Purchases | 1,90,000 | Closing Stock | 8,000 |
| Carriage on Purchases |
1,500 | Profit and Loss (Gross Loss) |
13,500 |
| Wages | 55,000 | ||
| 2,66,500 | 2,66,500 | ||
| Dr. | Profit and Loss Account as on March 31, 2017 | Cr. | |
| Particulars | Amount ₹ |
Particulars | Amount ₹ |
| Trading (Gross Loss) |
13,500 | ||
| Postage | 300 | ||
| Sundry Expenses | 1,700 | ||
| Rent | 4,500 | Net Loss | 20,000 |
| 20,000 | 20,000 | ||
| Balance Sheet of M/s Royal Traders as on March 31, 2017 | ||||
| Liabilities | Amount ₹ |
Assets | Amount ₹ |
|
| Capital | 2,00,000 | Machinery | 1,00,000 | |
| Less: Net Loss | (20,000) | Furniture | 35,000 | |
| Less: Drawings | (9,000) | 1,71,000 | Debtors | 27,000 |
| Closing Stock | 8,000 | |||
| Creditors | 10,000 | Bank | 10,000 | |
| Bills Payable | 4,000 | Cash | 5,000 | |
| 1,85,000 | 1,85,000 | |||
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