Unique Profit And Loss Account For The Year Ended
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By Closing Stock.
Profit and loss account for the year ended. On May 31 st 2020. D Insurance paid on Feb 1 st for full year and outstanding wages of Rs. STaTEMENT Of prOfIT aND lOss fOr THE yEar ENDED 31sT MarCH 2020 Particulars Notes For the Year ending on 31st march 2020 For the Year ending on 31st march 2019 I Revenue from Operations 21 23056 25513 II Other Income 22 154 110 Total Income 23210 25623.
Every company prepares a Profit and Loss Accountstatement at the end of the year generally to get the visibility of the income earning expenses and loss incurred in a. Trading and profit and loss account for the year ended 31-12-1993 Sales 12000 Less. Iii Write off Bad Debts Rs 5000.
Ii Depreciate Plant and Machinery by Rs 4000. Ii Printing and Stationery expenses due Rs. Prepare the Trading and Profit and Loss Account for the year ended 31st December 1993.
You are required to prepare the Trading Account and the Profit and Loss Account for the year ended 30 th September 2018 and also a Balance Sheet as on the same date. I Closing Stock was valued at Rs. Staff costs 606 500.
770000 but the partners could not agree upon the rate of interest on. Profit and Loss Account for the year ended on 31st March 2019. Returns Inwards 600 Net Sales 11400 Less.
Unrecorded Loss by fire Purchases 2900 59740 Stock at the end 20300 Wages 20010. Amount Amount To Opening Stock. Interest expense 775 1029 Net interest income 5 1453 1694 Fee and commission income 6 457 427 Dividends 7 109 198 Rental income 8 20 17 Other income 9 651 558 Income before operating expenses 2690 2894 Less.
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