Particulars Amount Particulars Amount
(₹) (₹)
To Opening Stock To Sales
To Purchases Less: Sales Return
Less: Purchase Return To Closing Stock
Direct Expenses:
To Wages To Gross Loss c/d
To Freight transferred to P&L a/c
To Carriage
To Fuel & Power
To Dock Charges
To Royalty
To Import Duty
To Factory Rent
To Cost Of goods
Manufactured
To Gross Profit c/d
transferred to P&L a/c
*The Balance will be either net profit or net loss.