31. From the following Ledger balance of M/s. Abhishek Brothers. you are require fo prepare Trading and profit and Loss account for the year ending March 31,2018 . TC Balance sheet as on that date. Trial Balance as on \( 31^{\text {st }} \) March 2018 Adjustments: (a) Stock as on 31" March 2018, was valued at ₹ \( 3,000 . \) (b) Insurance prepaid \( 80 . \) (c) Outstanding liabilities were salary ₹ 400 and taxes ₹ 260 . (d) Depreciate land \& buildings at \( 2 \% \) p.a.

Question

31. From the following Ledger balance of M/s. Abhishek Brothers. you are require fo prepare Trading and profit and Loss account for the year ending March 31,2018 . TC Balance sheet as on that date. Trial Balance as on \( 31^{\text {st }} \) March 2018 Adjustments: (a) Stock as on 31" March 2018, was valued at ₹ \( 3,000 . \) (b) Insurance prepaid \( 80 . \) (c) Outstanding liabilities were salary ₹ 400 and taxes ₹ 260 . (d) Depreciate land \& buildings at \( 2 \% \) p.a.