3. Prepare Trading Account from the transactions given below:
| ₹ | ₹ | ||
|---|---|---|---|
| Opening Stock | 33,000 | Purchases Return | 2,400 |
| Purchases | 29,000 | Closing Stock | 57,700 |
| Sales Return | 500 | Carriage Inwards | 100 |
| Sales | 25,400 | Depreciation | 2,000 |
Also pass the Journal entries.
T.S.Grewal/2024 Edition/Practical Problems/Q-03
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 :