Particular Rs Particular Rs
To purchase RM 1,02,240By sales 5,50,000
To wages 1,50,000
To gross profit c/d 1,59,760
5,50,000 5,50,000
To salary 1,68,000By gross profit b/d 2,40,240
To printing and stationary 20,000
Transportation charge 10,000
Telephone charge 2,000
Electricity bill 5,000
Advertising 8,000
Other expenses 5,000
Depreciation:
Building 40,000
Vehicle 30,000
Machine 3,000
Furniture 5,000
Net profit c/d 55,760
2,40,240 2,40,240
Trading and profit and loss account