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16.24Q.No.6. Prepare Trading and Profit & Loss Account from the followir75,0002,400Loss Account from the following balances as on 31st March, 19983,000 Salaries4,50032,000 Sales1,200 Carriage on sales1,10012,000 Manufacturing expenses1,400 Audit fees1,1601,600 Postage350700 Dividends1,800240 Coal and power1,800 Furniture5.000400 Import duty1,2001,500 Discount1,600 Sundry receipts450 Advertisement270(Ans. G.P. Rs. 32,870; N.P. Rs. 20,5601WagesPurchasesCarriage on purchasesOpening StockGodown rentInterestInterest receivedGeneral expensesFactory rentStationeryExport dutyLegal expensesCash in handClosing Stock Rs.12,450980750560Trac |
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