4:36 0 @ . Bil 49% Principles of Accounting Practice Questions 2 (b) Particulars Dr Cr $ $ Capital 35000 Motor Vehicle 7600 Drawings 3000 Purchases 104000 Freight 4300 3700 Carriage in Returns 3200 Sales 134,400 Salaries 6500 Rent 2000 Stock (1-1-15) 10000 A/R & A/P 9100 Cash in hand 27.400 180,800 180,800 Prepare Trading and Profit and Loss Account & Balance Sheet. 1. Closing Stock $ 17000. 2. Depreciation on motor vehicle 10%. 3. Outstanding salaries $ 300. 4. Goods drawn by proprietor for personal use 600