Trading Profit and loss and Manufacturing Format

Trading Profit and loss and Manufacturing Format - Trading...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Trading Account (Proforma) (For the year ending on 31st March,----------) Dr. Cr. Particulars Amount Particulars Amount (Rs.) (Rs.) (Rs.) (Rs.) To Opening Stock By Sales Rawmaterials Less: Return Inward Work in Progress Finished Goods By Closing Stock Raw Materials Add: Purchases Work in progress Less Returns Finished Goods To Wages (Direct, Prductive and Manu- By Profit and loss Account facturing wages) To Freight, Carriage, and Cartage To Factory Expenses (Lighting, heating, rent and Fuel (coke, coal, wood etc) To Motive Power (Electricity, gas items etc) To Royalties on Production To Profit and loss account Profit and Loss Account (Proforma) (For the year ending on 31st March,----------) Dr. Cr. Particulars Amount Particulars Amount (Rs.) (Rs.) (Rs.) (Rs.) To Trading Account (For Gross Loss) By Trading Account To Rent and Rates (Gross Profit) To Lighting and Heating By Incidental Income or Gains R To Office Salaries By Rebates To Office Salaries and Wages By Cash Discount Received To Office Insurnace
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/15/2011 for the course ACCOUNTS 231 taught by Professor Majidkhan during the Winter '11 term at IIPM.

Ask a homework question - tutors are online