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Prepare a trading account, profit and loss Account and
Balance sheet form the
following trail balance and other adjustments as on 31.12.2009
Adjustments:
1. Closing stock R 7060
2. Allow interest on capital at 6% p.a
3. Insurance prepaid Rs 60
4. Depreciate Building and furniture at 10% p.a.
5. Wages due Rs 40
6. Provide 10% RBD and 5% on debtors and creditors
4. From
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does all exp and all incomes appear in profit and loss a/c???
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