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Financal Statements Sample Assignment

Q. From the following balances and information you are required to prepare final accounts of Mehta Bros. for the year ended 31 March 1999:

Additional Information :
(1)    Depreciate fixtures and fittings at 10% ;(2) Provision for bad debts at 2-1/2% on debtors; (3) Insurance unexpired Rs. 70;(4) Outstanding wages Rs

Solution                                       

                                                                     Mehta Bros.
                                                   Trial Balance As on 31 March 1999

   Trading and Profit and Loss Account For the Year Ending On 31 March 1999]

                                               Balance Sheet As On 31 March 1999

Other Sample Assignments in Accounting Homework Assignment :

Calculate Cost of Land and Building	Calculate Depreciation
Calculate Depreciation By Equal	Calculate Depreciation Diminishing Balance
Calculate Depreciation Expense	Inventory Valuation
Calculate Cost Of Sale	Calculate Inventory And Profit
Fifo Lifo	Financial Statements profit and loss
Financal Statements

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