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From the following trial balance of Ramesh brothers as on 31st March 2012 prepare trading and p.l ac and balance sheet?
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From the following trial balance of Ramesh brothers as on 31st March 2...
Trial Balance of Ramesh Brothers as on 31st March 2012


















































































Particulars Debit Amount Credit Amount
Cash 10,000 -
Bank 20,000 -
Purchases 50,000 -
Sales - 1,00,000
Salaries 10,000 -
Rent 5,000 -
Interest Received 1,000 -
Electricity 2,000 -
Advertising 3,000 -
Bad Debts 5,000 -
Discount Allowed 2,000 -
Discount Received - 1,000
Capital 50,000 -
Loan from Bank 30,000 -
Total 1,38,000 1,01,000


Trading and Profit & Loss Account of Ramesh Brothers for the year ended 31st March 2012
















Particulars Amount
Gross Profit c/d 50,000
Less: Expenses
Salaries
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From the following trial balance of Ramesh brothers as on 31st March 2012 prepare trading and p.l ac and balance sheet?
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