Programme Code : BCA
Course Code : ECO-02
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Year : 2012 Views: 1160 Submitted By : priya On 27th September, 2012

Do you have solution for this Question. If yes    I aslo want solution.

Q.


4. A merchant keeps incomplete records. During 2010 the analysis of his cash book was as under:

Rs. Rs.

Receipts from Debtors 4,000 Bank overdraft (1-1-2010) 600

Additional Capital Introduced Payments to Creditors 2,700

on 1-9-2010 300 General Expenses 900

Loan from C on 1-7 - 2010 Salaries 300

@ 6% interest p.a. 1,500 Drawings 400

Bank Balance (31-12-2010) 900

5,800 5,800

On 1st January, 2010 the following balances were recorded: Building Rs. 2,500; Stock Rs. 1,800;

Debtors Rs 5,300 and Creditors Rs. 1,500



The Balances on 31st Dec. 2010 were: Debtors Rs. 6,000; Building Rs. 2,500; Creditors Rs 1,900

and Stock Rs. 2,600.



Allow 5% depreciation on Building. Provide interest on C’s loan for six months. Prepare trading,

Profit and Loss Account and Balance Sheet on 31-12-2010.


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