The Total solution for NCERT class 6-12
┬а
Rs
Closing stock
2,50,000
Net sales during the year
40,00,000
Net purchases during the year
15,00,000
Opening stock
Direct expenses
80,000
Trading Account as on March 31, 2017
Dr.
Cr.
Particulars
Amount
Opening Stock
Net Sales
Net Purchases
Closing Stock
Direct Expenses
Gross Profit
11,70,000
42,50,000