1.

From the following balance extracted from manju on 31st March 2014. youare required to prepare trading and profit and loss ac​

Answer»

ong>Answer:

in trading A/c put all industry related ITEMS...EG , opening stock in Dr... closing stock in cr ...wages paid , purchase , sales etc..thn Calculate gross profit..

after that prepare pl ac and put all OFFICE items like salary , dep.of FURNITURE etc, baddebt...after that Calculate net profit...



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