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Profit Loss Account

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Profit Loss Account

Question

The following Trial Balance was extracted From the books of Kongoe Auto spares as at 31st Oct 2011
Business Studies Revision Questions
Stock on 31st October 2011 was sh. 80,200
Required,
(i) Prepare Trading, Profit and Loss account for the year ended 31st Oct 2011
(ii) Prepare Balance sheet as at 31st October 2011

Answer

a) Trading, Profit and Loss account
Business Studies Revision Questions

b) Balance Sheet
Business Studies Revision Questions