Prepare Trading and Proft & Loss Account for the year ending on 31" March, 2018 and a Balance Sheel as on that date after considering the following: e) Depreciate Building at 59% p.a. and Computer & Printers at 60% p.a. (5 Goods costing Rs. 1,500 were sent to a customer on sale or return for Rs.1,750 on 30" March, 2018 and has been recorded in the books as actual sales. e Salaries amounting to Rs.2,000 are due. (e) A fire broke out on 1 April, 2018 destroying goods worth Rs.28.000. ey The Provision for Doubtful Debts is to be brought up to 10% on Sunday debtors. (0Amount incurred on advertisement is to be treated as deferred revenue expenditure and an equal amount is to be written off for 10 years. 9 Good costing Rs 250 were taken away by Mt. Keshav for his personal use. however. no entry has been made in the books of accounts till 31.3.2.018. n Prepaid taxes amounted to Rs.500. () Provide for Manager's commission at 10% on net proit after charging such Commission. k in hand on 31t March, 2018 was valued at Rs.18,000.
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