i.

Accounts included are Capital , Stock, Plant and Cash

Plant A/c … Dr 10000
Bank A/c ….Dr 8000
Stock A/c ….Dr 12000
To Capital A/c 30000
Capital A/c for the month of April 2018 till 31st mar 2019
Particulars Amount Particulars Amount
To Balance C/d 30000 By Plant A/c 10000
By Bank A/c 8000
By Stock A/c 12000
30000 30000
By Balance b/d 30000

Plant A/c
Date Particulars Amount Date Particulars Amount
Apr 1 To Capital A/c 10000 Apr 31 By Bal C/d 10000

May 1 To Balance 10000

b/d
Stock A/c
Date Particulars Amount Date Particulars Amount
Apr 1 To Capital A/c 12000 Apr 31 By Bal C/d 12000

May 1 To Balance 12000

b/d
Bank A/c

Date Particulars Amount Date Particulars Amount

Apr 1 To Capital A/c 8000 Apr 31 By Bal C/d 8000

May 1 To Balance 8000

b/d

Trial Balance

Particulars Amount Particulars Amount

Plant 10000 Capital A/c 30000
Stock 12000
Bank 8000
Financial Statements
i. Profit & Loss Account
ii. Balance Sheet
Profit & Loss Account
Particulars Amount Particulars Amount
150000 By Gross profit 200000

All Expenses & Loss All Incomes &

That occurred in Gains that occurred
the year are in the year are
recorded recorded
Net Profit 50000

Gross Profit = Sales – cost of goods sold

6L - 4L = 2L

Balance Sheet

Liabilities Amount Assets Amount

Capital All Assets
Add: Net Profit 1L
Less: Drawings 50K
All Liabilities