NUMERICAL EXAMPLES Example 8. Prepare the …
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NUMERICAL EXAMPLES
Example 8.
Prepare the Balance Sheet of M/s Mahaveer Brothers on 31st December, 2016
from the following particulars in Horizontal Form and Vertical Form Building
50,000, Machinery * 30,000, Bank overdraft 5,000, Bills Receivable 3,000,
Closing Stock * 4,000 Drawings * 2,500, Creditors 8,000, Debtors 12,000, Cash in
hand * 3,000, Bills Payable * 2,000, Net Profit 16,000, Furniture 1,500, Capital
375,000
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Tahir Hussein 3 years, 6 months ago
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