From the Trial Balance given below, prepare final accounts after taking into account the following adjustments: Trial

From the Trial Balance given below, prepare final accounts after taking into account the following adjustments:

Transcribed Image Text:

Trial balance as on 31.3.2002 Particulars Drawings and Capital 6820 93,230 Purchases and Sales 83,290 1,26,177 Debtors and Creditors 47,800 22,680 Returns 7422 3172 Wages 9915 Manufacturing expenses 2500 Stock on 1.4.2002 21,725 Factory Fuel and power 542 Office Salaries 3745 Factory lighting 392 Carriage inward 897 Carriage outward 960 Plant and Machinery 55,000 Fixtures and Fittings 1720 Bills payable 6422 Travelling expenses 925 Cash in Hand 68 Cash at bank 2425 Rent and Taxes 1765 Office expenses 2778 Discount allowed 422 Insurance 570 2,51,681 2,51,681