Proforma of Trading Account
Company Name
TRADING
ACCOUNT
For the Year Ended 31/03/2016 (01/04/2016 To 31/03/2017)
Dr. Cr.
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Particulars
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Amount
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Particulars
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Amount
|
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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
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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
|