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Q1.) Prepare Trading and Profit and Loss Account and Balance Sheet from the...

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Accounting

Q1.) Prepare Trading and Profit and Loss Account and Balance Sheet
from the following balances, relating to the year ended 31st March,
2024:
Additional Information:
(i) Closing Stock was valued at 14,500.
(ii) Depreciate Plant and Machinery by 4,000.
(iii) Write off Bad Debts 5,000.
(iv)400 is due for repairs.
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