Page 17 - Lesson Note
P. 17
26,00,000 26,00,000
2,00,000
50,000
To Staff Salary 1,00,000
To Telephone Expenses
25,000
To Electricity Charges
1,00,000
To Packing Charges 10,45,000
1,20,000
To Insurance
1,00,000 By Gross profit
To Rent
15,000
To Interest on loan
3,35,000
To Depreciation
To Net Profit
10,45,000 10,45,000
Trading & Profit & Loss A/c for the year ending on 31.3.2013
Liabilities Rs. Assets Rs.
10,00,000
Land 90,000
Furniture
45,000
Capital 2,00,000 5,35,000 Computer
Add: Net profit 3,35,000 9,00,000 1,00,000
Closing Stock
Bank Loan 75,000
Bank
1,25,000
Cash
14,35,000 14,35,000
