Section II Answer the following questions Marks: 1Q X 10M = 10M 1. From the...
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Accounting
Section II Answer the following questions Marks: 1Q X 10M = 10M 1. From the following information in Trial balance of Carrefour prepare Profit and Loss Account and Balance Sheet of the company as on 31 December 2015. Dr.Amount Dhs) Cr. Amount Dhs) 1,00,000 1,70,000 10,000 2,80,000 20,000 40,000 22,000 25,000 19,000 Particulars Capital Purchases Purchase Returns Sales Sales Returns Opening Stock Cash in Hand Salaries Rent Commission received Drawings Wages General Expenses Creditors Debtors Machinery Furniture Land and Building Bank Loan 9000 3,000 5,000 1,000 50,000 90,000 35,000 30,000 70,000 81,000 5,30,000 5,30,000 Closing Stock is 50,000 dhs
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