Answer to Question #236010 in Economics for reshma shaik

Question

From the following Trial Balance on 31.12.07 Prepare Balance sheet

Rs. Rs.

Cash in hand 36,000

Bank O.D 30,000

Capital 3,25,000

Land & buildings 1,00,000

Closing stock 60,000

Furniture 12,500

Good will 47,500

Bills Receivable, Bills Payable 35,000 40,000

Car 40,000

Prepaid Advertisments 5,000

Debtors, Creditors 1,50,000 70,000

P&L Ac. 5,000

Loan from Ram 30,000

Drawings 25,000

_______ _______

5,00,000 5,00,000

(Ans ; Total of B. S : Rs. 4,75,000 )

Answer 1

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