Page 135 - Account 10
P. 135
Solution:
Trading A/c of Suman Enterprises
Dr. For the year ended 30th Chaitra, 2075 Cr.
Particulars Amount Particulars Amount
To Opening stock 12,000 By Sales 65,000
To Purchases 35,000 Less: Returns 3,000 62,000
Less: Returns 2 500 32,500 By closing stock 20,000
To Carriage inward 2,000
To Wages 5,000
To Factory expenses 10,000
To Carriage insurance 500
To Octroi charges 1,500
To Coal & coke 700
To Clearing charges 1,300
To Power & fuel 1,800
To Import duty 1,200
To Gross profit c/d 13,500
Total: 82,000 Total: 82,000
Illustration -2
From the following balances, prepare a Trading A/c for the year ended 32
nd
Ashadh, 2075.
Particulars Amount Particulars Amount
Purchases 25,000 Stock (1-4-075) 5,000
Sales 50,000 Purchase returns 2,500
Sales returns 3,500 Carriage inward 1,000
Factory rent 4,000 Coal, gas & water 300
Factory heating and lighting 700 Stores consumed 3,000
Wages 7,000
Closing stock: 20,000
134 Aakar’s Office Practice and Accountancy - 10 Final Accounts 135
