11. The Trial Balance of a firm as on 31st, Chaitra, last year is as under: Debit Balance Amount Credit Balance Amount Beginning stock 50,000 Capital 5,00,000 Purchases 6,60,000 Creditors. 60,000 Building 3,00.000 Accounts payable 40,000 Machinery.. 50,000 Sales 9,00,000 Investment 2,00,000 Carriage 30,000 Salaries 50,000 Accounts receivable. 1,00,000 Cash at bank.. 20,000 Wages 40,000 Total 15,00,000 Total 15,00,000 Additional information: i. Provide depreciation on building at 10% and on machinery at 5%. ii. Provision for doubtful debt is to be made at 5%. iii. Accrued (outstanding) salaries Rs. 6,500 and accrued interest on investment Rs. 1,000. iv. Stock at end Rs. 60,000 Goods used by the proprietor for personal use Rs 20,000. vi. Provide 10% interest on capital and Rs. 2,000 interest on drawing, Required: a. Trading account b. Profit and Loss account C. Balance Sheet as on Chaitra 31st, last year Ans: GP Rs. 2,00,000, NP Rs. 59,000 and B/S total Rs. 6,93,500 V