Particular Trial Balance

Debit Credit
Capital 20000
Sundry Debtors 5400
Drawings 1800
Machinery 7000
Sundry Creditors 2800
Wages 10000
Purchases 19000
Openning stock 4000
Cash and Bank 3000
Carriage 300
Salaries 400
Rent and taxes 900
Sales 29000
Closing Stock
Outstanding Rent and Taxes(Liabilities)
Prepaid Wages(Asset)
Depreciation on Machine

Net Loss
Total 51800 51800 0

Additional Information
Closing Stock|Rs 1200 1200
outstanding Rent and Taxes|Rs 100 100
Depreciation on Machine | 10% 10%
Wages Prepaid| Rs 400 400
 Adjustment Profit and Loss Balance She
Debit Credit Debit Credit Asset
5400

700 700 6300

400 9600
19000
4000
3000
300
400
100 1000
29000
1200 1200 1200 1200
100
400 400
700

4800
2400 2400 35000 35000 0 16300
alance Sheet
Liablities
20000

-1800

2800

100

-4800
16300
Particular Trial Balance
Debit Credit
Capital 20000
Sundry Debtors 5400
Drawings 1800
Machinery 7000
Sundry Creditors 2800
Wages 10000
Purchases 19000
Openning stock 4000
Cash and Bank 3000
Carriage 300
Salaries 400
Rent and taxes 900
Sales 29000
Closing Stock
Outstanding Rent and Taxes(Liabilities)
Prepaid Wages(Asset)
Depreciation on Machine

Total 51800 51800 0

Additional Information
Closing Stock|Rs 1200
outstanding Rent and Taxes|Rs 100
Depreciation on Machine | 10%
Wages Prepaid| Rs 400
 Adjustment Profit and Loss Balance She
Debit Credit Debit Credit Asset
5400
1800
700 6300

400 9600
19000
4000
3000
300
400
100 1000
29000
1200 1200 1200 1200
100
400 400
700 700

4800 4800
2400 2400 35000 35000 0 22900
alance Sheet
Liablities
20000

2800

100

22900
Particular Trial Balance Adjustmen
Debit Credit Debit
Purchases 70000
Goods Return 5000
Carriage inward 1500
Salaries and Wages 14000 2500
Rent,rates and Taxes 2800
Insurance 500
Discount 800
Bank 13700
Plant and Mchinery 12000
Investment 8000
Furniture and fittings 5000
Bills recievable 45500
Cash in hand 1000
Sundry Expenses 500
Openning stock 31500
Sales 110000
Bills payable 15800
Capital Account 76000

Outstanding salary(liablity)
Provision for bill Bad debt 1500
Closing Stock 65000
Stock Lost by Fire 7000
Insurance recieved 5000
New Provisoon
Commision

Profit
Total 206800 206800 0 81000

provide outstanding salary Rs 2500

Make a provision for bad debt in bills Recievable Rs1500
Closing stock Rs65000

Stock lost by fireRs 7000 However insurance comapny

settles the claim for Rs 5000 and is still recievable
Manager is entitled to commision @10% on net profit
Adjustment Profit and Loss Balance Sheet
Credit Debit Credit Asset Liablities
65000

1500
16500
2800
500
800
13700
12000
8000
5000
45500
1000
500
31500
110000
15800
76000

2500
1500 2500
65000 65000 65000
7000 7000
5000 2000 5000
1500 1500
5400 5400

54000 54000
81000 0 182000 182000 0 155200 155200
Particular Trial Balance
Debit
Capital
Loans
Sales
Account Payable
Bills Payable
Purchase Return
Dividends Received
Plant and Machinery 13000
Buildings 17000
Revievable 9650
Purchase 18000
Discount Allowed 1200
Wages 7000
Salaries 3000
Travlling Expenses 750
Frieght 200
Insurance 300
Commission Paid 100
Cash in Hand 100
Bank 1600
Repairs 500
interest on loans 600
opening inventory 6000
Closing Inventory
Provision for doubtful receivable
Outstanding rent
insurance prepaid
Depreciation plant and machinery 15%
Building 10%

Net Profit
Total 79000
rial Balance Adjustment Profit and Loss
Credit Debit Credit Debit
25000
5000
35000
4000
5000
2000
3000
1950
1700
500
18000
1200
7000
3000
750
200
50 300
100

500
600
6000
 8000 8000
500 500
100 100 100
50
1950 1950
1700 1700

6150
79000 0 12300 12300 0 48050
ofit and Loss Balance Sheet
Credit Asset Liablities
25000
5000
35000
4000
5000
2000
3000
13000 1950
17000 1700
9650 500

50 50

100
1600
8000 8000

100

6150
48050 0 49400 49400
Particular Trial Balance
Debit Credit
Sales 300000
Plant And Machinery 120000
Rent,Rates and Taxes 20000
Sales Return 30000
Frieght 4000
Accounts Recievable 70000
Opening Inventory 120000
Purchase 230000
Discount Paid 5000
Interst on Bank Loan 5000
Salaries 70000
Cash In hand 5000
Purcheses Return 10000
Bank loan 150000
Capital 181500
Account Payable 40000
Bill Payable 26000
Legal Charges 500
General Expenses 8000
Cash at Bank 20000

Provision for Bad Debt

Outstanding interst on bank loan
Closing inventory
Total 707500 707500
 Adjustment Profit and Loss
Debit Credit Debit Credit
300000

20000
30000
4000

120000
230000
5000
7000 12000
70000

10000

500
8000

3500 3500 3500

7000
120000 120000 120000
 73000
0 130500 130500 503000 503000
 Balance Sheet
Asset Liablities

120000

70000

7000

5000

150000
181500
40000
26000

20000

3500

120000
 73000
408000 408000