Proforma of Trading Account

Proforma of Trading Account

Company Name

TRADING ACCOUNT

For the Year Ended 31/03/2016 (01/04/2016 To 31/03/2017)

Dr.                                                                                                                                        Cr.

Particulars	Amount	Particulars	Amount
To Opening Stock                                                                  To Purchases (Purchases under Group is All Type of Purchase Ledger use the Purchases Group) for Example Purchases 5% VAT Purchases 12.5% VAT Raw Material, etc. Less Purchases Return                      To Direct Expenses For Example - Freight, Octrai All Type Exp. For the time of purchases or Manufacturing.                                 To Gross Profit (Transfer to Profit & Loss Account)	XXXX XXXX XXXX XXXX	By Sales                                            (Sales under Group is All Type of Sale Ledger use the Sales Group) for Example                          Sales 5% VAT                                   Sales 12.5% VAT                             Finished goods Items                      Less Sales Return                           By Direct Income                            For Example - Discount Received                                                                                                                          By Closing Stock                            By Gross Loss                                (Transfer to Profit & Loss Account)	XXXX XXXXX XXXX XXXX
Total Amount	XXXXX	Total Amount	XXXXX