15. From the following balances extracted from the books of Sh. Badri Vishal on 31st March, 2023, prepare a Trading Account, P & L A/c and a Balance Sheet. Closing Stock valued on that date was Rs. 15,000.
| Particulars | Debit (Rs.) | Credit (Rs.) |
|---|---|---|
| Capital Household Expenses Sales Return inwards Return outwards Purchases Cash at Shop Bank Overdraft Interest on Overdraft Creditors Stock at the Commencement Freight Rent and Taxes Debtors Commission Freehold property Sundry expenses Salaries and wages Life Insurance Premium Insurance Premium |
10,000 4,000 1,50,000 1,600 1,500 18,000 8,500 7,000 32,600 3,000 30,000 3,900 20,000 1,800 1,600 |
1,28,200 1,80,000 6,000 15,000 17,800 2,200 |
D.K.Goel/2024 Edition/Practical Questions/Q-15
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
Answer :