Facts Established between 31st March and 15th April:

There are several facts that were established between 31st March and 15th April, which are as follows:

1. Purchases and Sales:

During this period, there might have been purchases and sales of goods, which would have an impact on the value of the stock.

2. Goods Returned:

Some goods might have been returned by customers, which would have reduced the value of the stock.

3. Goods Sent on Approval:

Goods might have been sent on approval to customers, which would have reduced the value of the stock.

4. Goods Received on Approval:

Goods might have been received on approval from suppliers, which would have increased the value of the stock.

5. Goods Destroyed or Lost:

Some goods might have been destroyed or lost during this period, which would have reduced the value of the stock.

6. Goods in Transit:

Goods might have been in transit during this period, which would have an impact on the value of the stock.

Impact of above Facts on Trading Account:

All the above-mentioned facts have an impact on the trading account of the trader. The following are the impacts of these facts on the trading account:

1. Purchases and Sales:

The purchases and sales made during this period would be recorded in the trading account.

2. Goods Returned:

The value of the goods returned by customers would be deducted from the value of the stock.

3. Goods Sent on Approval:

The value of the goods sent on approval would be deducted from the value of the stock.

4. Goods Received on Approval:

The value of the goods received on approval would be added to the value of the stock.

5. Goods Destroyed or Lost:

The value of the goods destroyed or lost would be deducted from the value of the stock.

6. Goods in Transit:

The value of the goods in transit would not be included in the stock as it is not yet received by the trader.

Conclusion:

In conclusion, there are several facts that need to be considered while preparing the trading account of a trader between 31st March and 15th April. All the purchases, sales, returns, approvals, destruction, and loss of goods need to be considered while calculating the value of the stock.