TRADE AND PROFIT AND LOSS ACCOUNT, Financial Accounting

The following figures are taking from the book of Sheen Compnay limited as on december 31,2009
DEBIT SIDE :
opening stock Rs 75000
purchases 245000
wages 30000
carriage 950
furniture 17000
salaries 7500
rent 4000
trade expenses 7050
dividend paid 9000
debtors 27500
plant & machinery 29000
cash at bank 46200
patents 4800
bill receivables 5000
total 508000
CREDIT SIDE :
purchase return 10000
sales 340000
discount 3000
profit & loss 15000
share capital 100000
creditors 17500
general reserve 15500
bill payables 7000
total 508000
Posted Date: 12/7/2012 3:33:51 PM | Location : Pakistan







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