Trial Balance as on April 30th, 2020

Particulars Debit Credit

Stock (as on May 1st, 2015) 50000
Bills Payable 4400
Cash in Hand 5200
Creditor 50000
Furniture/Fixture 7500
Loan 40000
Debtor 80100
Capital 104300
Purchase 70000
Purchase Return 2500
Sales 140000
Sales Return 4000
Cash at Bank 4200
Wages 15000
Salaries 5000
Carriage Inwards 8000

Carriage Outwards 6000

Power 5700
Electricity 4500
Building 40000
Plant & Machinary 20000
Bills Receivable 6000
Drawings 10000
341200 341200
Trading and Profit/Loss Statement
for the month ended April 30th, 2020
Dr. Cr.
Particulars Amount Particulars Amount
To Opening stock 50000 By Sales 140000
To Purchase 70000 Returns (-) 4000 136000
Returns(-) 2500 67500 By Closing Stock 28000
To Wages 15000
To carriage in 8000
To Power 5700

To Gross Profit (C/d) 17800

164000 164000
by Gross Profit (B/d) 17800

To Salaries 5000
To Carriage out 6000
To Electricity 4500

To Net Profit transferred to Capital

Account 2300
17800 17800

Expense Income
 Balance Sheet
for the month ended April 30th, 2020
Cr. Dr.
Liabilities Amount Assets Amount
Capital 104300 Cash 5200
Drawings (-) 10000 Furniture & Fixtures 7500
94300 Debtor 80100
Net Profit (+) 2300 96600 Bank 4200
Building 40000
Bills Payable 4400 Plant & Machinary 20000
Creditors 50000 Bills Receivable 6000
Loan 40000 Closing Stock 28000

191000 191000
 Trial Balance as on April 30th, 2015

Particulars Debit
Stock (as on May 1st, 2015) 50000
Bills Payable
Cash in Hand 5200
Creditor
Furniture/Fixture 7500
Loan
Debtor 80100
Capital
Purchase 70000
Purchase Return
Sales
Sales Return 4000
Cash at Bank 4200
Wages 15000
Salaries 5000
Carriage Inwards 8000
Carriage Outwards 6000
Power 5700
Electricity 4500
Building 40000
Plant & Machinary 20000
Bills Receivable 6000
Drawings 10000
341200
ril 30th, 2015

Credit

4400 Debit Losses & Expenses

Cfredit Profit & Gains
50000

40000 Dr. Cr.

Particulars Amount Particulars Amount
104300 To Opening stock 50000 By Sales 140000
To Purchase 70000 Returns (-) 4000
2500 Returns(-) 2500 By Closing Stock
140000 To Wages
To carriage in
To Power

To Gross Profit (C/d)

by Gross Profit (B/d)

To Salaries
To Carriage out
To Electricity

To Net Profit transferred to Capital

Account

341200 17800

Expense Income
 Cr. Dr.
Liabilities Amount Assets Amount
Capital 104300 Cash
Drawings (-) 10000 Furniture & Fixtures
94300 Debtor
Net Profit (+) 2300 Bank
Building
Bills Payable 4400 Plant & Machinary
Creditors Bills Receivable
Loan Closing Stock

4400 0
Trading and Profit/Loss Statement
for the month ended April 30th, 2020
Dr. Cr.
Particulars Amount Particulars Amount
To Opening stock 50000 By Sales 140000
To Purchase 70000 Returns (-) 4000 136000
Returns(-) 2500 67500 By Closing Stock 28000
To Wages 15000
To carriage in 8000
To Power 5700

To Gross Profit (C/d) 17800

164000 164000
by Gross Profit (B/d) 17800

To Salaries 5000
To Carriage out 6000 15500
To Electricity 4500

To Net Profit transferred

to Capital Account 2300
17800 17800
Balance Sheet
for the month ended April 30th, 2020
Cr. Dr.
Liabilities Amount Assets Amount
Capital 104300 Cash 5200
Drawings (-) 10000 Furniture & Fixtures 7500
94300 Debtor 80100
Net Profit (+) 2300 96600 Bank 4200
Building 40000
Bills Payable 4400 Plant & Machinary 20000
Creditors 50000 Bills Receivable 6000
Loan 40000 Closing Stock 28000

191000 191000
 Trial Balance as on April 30th, 2015

Particulars Debit Credit

Cash 193000
Capital 1000000
Bank 300000
Purchases 200000
Sales 252000
Loan 800000
Building 500000
Machinery 700000
Raw Material 100000
Supreme Plastics Ltd. 100000
Reliable Sound Buyers & Company 127000
Sundary Expenses 32000
2152000 2152000
Trading and Profit/Loss Statement Balance Sheet
for the month ended April 30th, 2020 for the month ended Apr
Dr. Cr. Cr.
Particulars Amount Particulars Amount Liabilities
To Opening stock By Sales 252000 Capital
To Purchase 200000 Returns (-) Drawings (-)
Returns(-) By Closing Stock
Net Profit (+) 20000

Bills Payable
Creditors
To Gross Profit (C/d) 52000 Loan
252000 252000
by Gross Profit (B/d) 52000

To Sundry Expenses 32000

To Net Profit transferred

to Capital Account
20000
52000 52000
or the month ended April 30th, 2020
Dr.
Amount Assets Amount
1000000 Cash 193000
Debtor 127000
Bank 300000
1020000 Building 500000
Plant & Machinary 700000
Raw Material 100000
100000
800000

1920000 1920000
 Trial Balance as on 31 March, 2018
Particulars Debit Credit
Cash 12500
Bank 200000
Debtors 2025000
Creditors 2280000
Capital 2050000
Drawings 305000
Loan 300000
Provision on Bad Debts 50000
Patents 100000
Plant and Machinery 1000000
Land & Building 1300000
Purchase 1750000
Raw Material 175000
Finished Stock 900000
Work in Process 100000
Wages 1350000
Salary of Supervisor and foreman 280000
Factory Expenses 170000
Factory Rent & Taxes 125000
Carriage on Purchase 55000
Fuel & Power 100000
Advertising 150000
Office Rent & Insurance 240000
Printing & Stationary (Office) 50000
Office Expenses 290000
Carriage on Sales 30000
Bad Debts 37500
Office Travelling Expense 70000
Comission Received 55000
Sales 6170000
Salesmen Comission 60000
Interest on Loan 30000
10905000 10905000
Trading and Profit/Loss Statement
for the month ended April 30th, 2020
Dr. Cr.
Particulars Amount Particulars Amount
Sales 6170000
Purchase 1750000

Comission Received 55000

Wages 1350000
Salary of Supervisor and f 280000
Factory Expenses 170000
Factory Rent & Taxes 125000
Carriage on Purchase 55000
Fuel & Power 100000
C/d 2395000
6225000 6225000
B/d 2395000

Provision on Bad Debts 50000

Bad Debts 37500
Advertising 150000
Office Rent & Insurance 240000
Printing & Stationary (Offic 50000
Office Expenses 290000
Carriage on Sales 30000
Office Travelling Expense 70000
Salesmen Comission 60000
Interest on Loan 30000
Net Profit 1487500
2395000 2395000
Balance Sheet
for the month ended April 30th, 2020
Cr. Dr.
Liabilities Amount Assets Amount
Capital 2050000 Cash 12500
Drawings 305000 Bank 200000
Net Profit 1745000 Debtors 2025000
Net Profit 1487500 Patents 100000
Creditors 2280000 Plant and Machinery 1000000
Loan 300000 Land & Building 1300000
Raw Material 175000
Finished Stock 900000
Work in Process 100000
5812500 5812500