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Adjustments: 1. Closing stock Rs. 70,000 2. Create a reserve for bad and doubtful debts @10% on book debts 3. Insurance prepaid Rs. 50 4.

Adjustments: 1. Closing stock Rs. 70,000 2. Create a reserve for bad and doubtful debts @10\% on book debts 3. Insurance prepaid Rs. 50 4. Rent outstanding Rs. 150 5 . Interest on loan is due @6\% p.a

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