) Capital 237,000 Cash at bank 149,000 Cash in hand 17,200 Accounts payable 37,950 Advertising expenses 20,600 Carriage inwards 3,600 Accounts receivable 37,800 Allowance for doubtful debts as at 1 October 2019 3,780 Land 200,000 Machinery 138,600 Furniture 23,400 Discount allowed 6,200 Rent received 87,450 Drawings 8,820 Carriage outwards 9,000 Commission revenue 18,960 Administrative expenses 6,300 Insuranse expenses 12,780 Loan from AB Bank 150,000 Purchases 108,600 Rental expenses 24,000 Copyright 6,000 Repairs 4,200 Return inwards 5,400 Return outwards 5,610 Sales 348,750 Sundry expenses 7,200 Inventory as at 1 October 2019 66,600 Duty on Purchase 9,360 Wages and salaries 43,200 Water and electricity 14,040 Accumulated depreciation as at 1 October 2019 - Machinery 27,720 - Furniture 4,680 921,900 921,900