Page 16 - Lesson Note

Capital A/c
Cash A/c

Bank A/c 1,25,000
7,5000
Bank Loan A/c
15,00,000
Purchase A/c
45,000
Sales A/c
90,000
Computer A/c
2,00,000
Furniture A/c
50,000
Staff Salary A/c 2,00,000
1,00,000 9,00,000
Telephone Expenses A/c
25,000 25,00,000
Electricity Charges A/c
1,00,000
Packing charges A/c
1,20,000
Insurance A/c
55,000
Rent A/c
1,00,000
Carriage inward A/c
15,000
Interest on Loan A/c
10,00,000
Depreciation A/c

Land A/c

36,00,000 36,00,000

Trading & Profit & Loss A/c for the year ending on 31.3.2013

Particulars Rs. Particulars Rs.

To Purchases 15,00,000
To Carriage 55,000 By Sales 25,00,000
By Closing stock 1,00,000
To Gross profit 10,45,000