Treding account loss and profit accounts …

Treding account loss and profit accounts trial balance Building 20750 Machinery 9275 Debtors 6275 General experiences 3275 Rent paid 3425 Drawings 575 Electrical charges 475 Carriage inward 550 Cash in hand 6250 Opening stock 8000 Closing stock 12000 Discount allowed 100 Bills payable 8850 Sales 30000 Purchases 15050 Wages 2560 Creditors 10560 Return inward 550 Return outward 150Treding account loss and profit accounts trial balance Building 20750 Machinery 9275 Debtors 6275 General experiences 3275 Rent paid 3425 Drawings 575 Electrical charges 475 Carriage inward 550 Cash in hand 6250 Opening stock 8000 Closing stock 12000 Discount allowed 100 Bills payable 8850 Sales 30000 Purchases 15050 Wages 2560 Creditors 10560 Return inward 550 Return outward 150

On 1st may 2020 cash book bank overdraft balance was ₹4000 on depositing ₹20,000 into bank and giving a cheque of ₹14,400 for rent the balance will be

Supplied goods costing 3600 to Sanjay . Issued invoice at 20 % above cost less 10 % trade discount

Journal entries of Q 18. Ch 3

Neerav and madhur are partners in a firm they share profits in the ratio of 3:2

To know the exact reason leading to net profit or net loss

I'm so confused while preparing balance sheet . Chapter accounting equation .

Q43. Vikram Ltd. issued 50,000 shares of Rs. 10 each at a premium of Rs. 1 per share payable as follows: Rs. 3 on Application Rs. 4 on Allotment (including premium) Rs. 2 on First Call Balance when required Applications were collected for 46,000 shares and all of these were accepted. Directors did not make final call. A shareholder holding 800 shares did not pay the (Rs.) pending on first call. The shares were forfeited and re-issued at Rs. 7 per share, Rs. 8 per share paid. Pass Cash Book and Journal Entries

The following is the trial balance of Zoya steel ltd. As on 31st March 2018

Difference between expenses and expenditure

sum