7. From the following information, prepare Trading Account for the year ended 31st March, 2024:
Adjusted Purchases ₹6,60,000; Sales ₹7,44,000; Closing Stock ₹50,400; Freight and Carriage Inwards ₹3,600; Wages ₹6,000; Freight and Cartage Outwards ₹2,000.
T.S.Grewal/2024 Edition/Practical Problems/Q-07
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.
Answer :