Page 116 - Office Practice and Accounting 10

3. Prepare trading account of Green Compnay from the following
particulars for the year ending 30th Chaitra 2070.
Total sales 12,00,000
Sales return 50,000
Electricity 40,000
Carriage in 30,000
Purchase 10,00,000
Import duty 15,000
Stock at end 3,00,000
Direct labour 25,000
Ans: Gross Profit Rs. 3,40,000/-
4. From the following particulars, prepare a profit and loss account of
Pathibhara General Store for the fiscal year 2068/69 and find out net
profit or net loss.
Particulars Amount

Salary 95,000
Insurance premium 15,000
Stationery 13,000
Dividend received 18,000
Carriage outward 4,000
Discount received 11,000
Doubtful debt 19,000
Gross profit 1,49,000
Ans: Net Profit Rs. 32,000
5. From the following particulars prepare profit and loss account of Joshi
Furniture for the fiscal year 2068/069:
Gross loss Rs. 52,000
House rent Rs. 5,000

Discount Rs. 2,500
Interest on development bond Rs. 15,000
Bad debts recovered Rs. 25,000
Advertisement Rs. 1,500
Commission received Rs. 2,500
Printing expenses Rs. 500
Ans: Net Loss 19,000

110 Office Practice and Accounting 10