![]() Prepare trading account and profit and loss account from the following particulars for the year ended 31st December, 2015. (v) Change depreciation on plant and machinery and furniture and fixtures 10% per annum. (iv) Create a provision for discount on debtors and creditors 2%. (iii) Create a provision for doubtful debts 5%. (-) Depreciation 10% Furniture and Fixtureįrom the following trial balance, prepare trading account, profit and loss account for the year ended 31st December, 2016. Rent, rates and taxes was outstanding Rs. Make a provision for bad debts 5% on sundry debtors.Ĥ. ![]() Depredation charged on furniture and fixture 5%.ģ. ![]() ![]() Prepare the trading and profit and loss account and balance sheet of M/s Shine Ltd from the following particulars.Ģ. ![]()
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