Trial Balance as on 31st March 2019 Debit Balance   Amount   Credit Balance    Amount   Cash in hand  5,200  Capital  50,000  Opening stock  10,370  Bank loan  15,000  Goodwill  10,000  Bills Payable   8,500  Patents  4,000  Creditors  38,260  Cash at Bank  4,400  General Reserve  1,500  freight  2,500  Dividend  2,000  Power & Fuel  1,500  Interest on Fixed Deposit  3,440  Furniture  12,000  Sales  40,000  Purchases  35,260      Mobile charges  3,200      Factory Salaries  2,400      Repairs  800      Lighting  1,000      Carriage outward  360      Professional charges  1,240      debtors  40,000      Plant & machinery ...

Trial Balance as on 31st March 2019 Debit Balance   Amount   Credit Balance    Amount   Stock (1.4.2018)  9,500  Capital  2,00,000  Sales Returns  750  R.D.D.  1,000  Loose Tools  55,000  Sales  38,750  Debtors  50,800  Purchases return  455  Bills Receivable  4,000  Creditors  47,000  Purchases  29,455  Bills Payable  8,000  Furniture  15,000      Salaries  5,000      Carriage Outward  3,000      Legal expenses  2,000      Insurance  2,200      Goodwill  20,000      Machinery  40,000      Wages  2,345      Bank  30,000      Drawings  8,000      Investments  20,000        2,97,050     2,97,050   Adjustme...

Trial Balance as on 31st March 2019 Debit Balance   Amount   Credit Balance   Amount   Drawings  2,000  Capital  80,000  Motor Car  30,000  Sundry Creditors  25,000  Cash in hand  1,000  Dividends  4,800  Bills receivable  20,000  Commission  2,535  Wages  1,000  8% Loan (taken on 1.7.2018)  13,700  Discount  235  Purchases Return   400  Rent  300  Sales  38,680  Advertisement  2,500      Bad debs  500      Travelling Expenses  1,000      Purchases  27,400      Machinery  30,000      Office expenses  500      Sales Returns  680      Opening Stock  10,000      Sundry Debtors  35,500      Carriage Outward  500      Cash ...

 9. Final Accounts of a Proprietary concern 1. From the following Balances of Jayashri Traders, you are required to prepare Trading Account for the year ended 31/03/2019 2. Prepare Profit and Loss Account of Sanjay Brothers for the year ended 31st March, 2018 from the following balances. 3. From the following Trial Balance of Sanjiv & Sons. Prepare Trading Account and Profit & Loss Account for the year ending on 31st March, 2019 and a Balance Sheet as on that date. 4. From the following Trail Balance of Nandini & Co. as on 31st March 2019. Prepare Final Accounts after considering the adjustments given below.   5. Prepare Final Account of Abdul Traders for the year ending 31st march, 2019 with the help of following trial Balance and Adjustments.   6. Following is the Trial Balance of Geeta Enterprises. You are required to prepare Trading and Profit & loss Account for the year ended 31st March, 2019 and balance Sheet as on that date after tak...

Trial Balance as on 31st March 2019 Debit Balance   Amount   Credit Balance   Amount   Drawings (1 st  July 2018)  12,000  Sundry Creditors  40,000  Cash in hand  8,000  Returns  4,500  Cash at bank  20,000  Dividend  100  Bills Receivable  15,000  Rent  200  Wages  1,800  Sales  53,200  Discount  700  Bank Loan  5,000  Rent  2,000  Capital  99,700  Advertisement  3,000      Bad Debts  1,200      Travelling Expenses  800      Purchases  40,000      Machinery  15,000      Motor Car  18,000      Returns  1,200      Stock (1 st  April 2018)  10,000      Sundry Debtors  35,000      Carriage Outwards  1,000      6% Inv...