11. Prepare Profit and Loss Account for the year ended 31st March, 2023 from the following particulars:
| Particulars | Amount (Rs.) | Particulars | Amount (Rs.) | |
|---|---|---|---|---|
| General expenses Charity Office Lighting Law Charges Advertisement Bank charges Commission Rent, Rates and Taxes |
12,000 3,000 5,000 5,800 14,200 1,200 7,000 30,000 |
Gross profit Carriage Outwards Office Expenses Fire Insurance Premium Telephone Expenses Establishment expenses Miscellaneous Expenses Discount Received |
7,69,000 20,000 16,000 18,000 13,500 2,500 7,100 6,200 |
|
| Interest on investments Sundry Income Indirect expenses Printing and Stationery |
12,000 6,000 2,100 1,500 |
Traveller’s salary Repair Commission Credit |
60,000 4,300 2,000 |
|
D.K.Goel/2024 Edition/Practical Questions/Q-11
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
Answer :