In the books of Spicy Snacks Corner.

Trading and P&L account

Trading & P&L Accounts
Particular Amount Particular Amount
To Opening Stock Nil By Sales 1940
TO Purchases 703

To Gross Profit 1287 By Closing Stock 50

1990 1990

To Travelling Expenses a/c 80 By Gross Profit 1287

To Salary a/c 50
TO Advertising a/c 20
To Rent a/c 50
To House keeping a/c 30
To Geeta a/c 70
To Santosh caters a/c 50
To UKS College 95

To Net Profit 842

1287 1287
orner.

Capital Acc
Particulars Riya Nikita Meera
To Cash 115 115 115
TO Bal c/d 97 97 98

212 212 213

Balance s
Liabilities

Capital
Profit
Outstanding
 Capital Accounts
Fulchand Particulars Riya Nikita Meera Fulchand
115 BY Profit 212 212 213 212
97

212 212 212 213 212

Balance sheet
Amount Assets Amount

1053 Cash in hand 1940

842 closing stock 50
95

1990 1990