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Balance Sheet (Example)

Closing Stock of Arora Computer, Deeg on 31st March 2020 was Rs. 1,00,000. His Trial Balance on That Date Was Follows :

Particulars Debit Rs. Credit Rs.
Drawings and Capitals
60,000
8,00,000
Machinery
2,00,000
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40,000
Opening Stock
1,20,000
Purchases and Sales
7,50,000
12,00,000
Debtors
1,90,000
Creditors
94,000
Furniture
58,000
Freight on Sales
27,000
Royalty
5,000
Rent
46,000
Interest
18,000
Collected Income Tax
1,800
Audit Fee
12,000
Provision for Doubtful Debts
6,000
Dividend
9,200
Rent
12,000
Wages
7,000
Salaries
2,13,000
Building
1,00,000
Cash
12,000
Bank
2,65,000

Prepare Trading and P & L Account for the  Year Ending 31st March 2020 and Balance Sheet as on That Date.

Trading and Profit & Loss Account
trading account
Balance Sheet
balance sheet
Explanation Video

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