5.Following is the Trial Balance of Mr. Khemchand a manufacturer. Prepare Manufacturing A/c., Trading A/c, Profit and Loss A/c and Balance Sheet- Particulars Z Stock(1 April 2013) Particulars Capital Account 83,720 Raw Materials 5,600 Sales 2,77,560 Work in Progress 14,500 R.D.D. 1,120 Finished goods 8,000 Sundry Creditors 17,600 Cash in Hand 2,000 Machinery 60,000 Drawings 5,000 Factory Power & Fuel 900 Office salaries 12,450 Manufacturing Wages 18,600 Carriage outwards 1,000 Furniture & Fixture 6,800 Carriage inwards 2,000 Rent (Factory 4) 8,000 Sundry debtors 43,200 Advertisement 1,550 Printing & Stationary 2,400 Factory Insurance 2,560 Purchase of Raw Material 1,65,900 Cash at Bank 17,060 Discount allowed 1,220 Sundry expenses 1,260 3,80,000 3,80,000 8 Adjustment: (i)Stock on 31st March 2014 was valued as: Raw Materials 1,500, Work in Progress 9,500 Finished goods *13,000 (ii) Depreciate Machinery at 15% p.a. and Furniture & Fixture at 10% p.a. (iii) Provision for R.D.D. should be maintained at 10% of debtors. (iv) Outstanding office salaries 1,000 (winter 15 GP=77,500; NP-41,740 B/S=1,39,060)