16. From the following balances of the Ledger of Sh. Akhileshwar Singh, prepare Trading and Profit & Loss Account and Balance Sheet:
| Particulars | Debit (Rs.) | Credit (Rs.) |
|---|---|---|
| Stock on 1-4-2022 Stock on 31-3-2023 Purchases and Sales |
30,000 46,200 2,30,000 |
3,45,800 |
| Particulars | Debit (Rs.) | Credit (Rs.) |
|---|---|---|
| Returns Commission on Purchases Freight and Carriage Wages and Salary Fire Insurance Premium Business Premises Sundry Debtors Sundry Creditors Goodwill Patents Coal, Gas and Power Printing and Stationery Postage Travelling Expenses Drawings Depreciation General Expenses Capital Investments Interest on Investments |
12,500 1,200 26,000 10,800 820 40,000 26,100 8,000 8,400 12,100 2,100 710 4,250 7,200 1,000 8,350 8,000 |
15,200 26,700 89,760 800 |
D.K.Goel/2024 Edition/Practical Questions/Q-16
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
Answer :