Balance Sh 24) Following is the Trial Balance of Mr. Ramna Murthy as on 31.12.2013 0 Cash on hand 107 Cash at bank Opening Stock Sales Returns Purchases Carriage Outwards Carriage Inwards Wages and Salaries Establishment charges Land and Buildings Plant and Machinery Sundry Debtors Bad Debts Bills Sent to bank for collection Bills Receivable Drawings Printing and Stationery Insurance Premium 2,800 Capital 3,000 Sundry Creditors 30,000 Bills Payable 5,000 Reserve for bad debts 1,50,000 Sales Interest on bank loan Rates and taxes Furniture Paid (on Proprietor's life) 4,200 Purchase Returns 3000 6,800 Bank @ 12% (on 1.1.2013) 10,000 20,000 loan from Sampat 12,000 @8% (on 1.7.2013 40,000 Suspense Account 80,000 14,000 1,000 4,000 6,000 12,000 1,200 as be 90,000 20,000 15,000 4,000 2,50000 2,400 600 800 5,000 4,00,800 4,00,800 You are required to prepare the Final Accounts with the following adjustments suitably incorporated. a) Closing stock in Godown valued at 40,000. 8,000 800 lambsvOdes