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De Freehold Property Debit Adsets Premises Debat Assets Leasehold Property Debat Assets Loose Tools Debit Assets Petty Cast Deba Assets Provident Fund Credit Liability Debentures
De Freehold Property Debit Adsets Premises Debat Assets Leasehold Property Debat Assets Loose Tools Debit Assets Petty Cast Deba Assets Provident Fund Credit Liability Debentures Purchased Debit Assets Debentures (from Public Crede Liability Loan on Mortgage Credit Liability Prepaid Expenses Debit Outstanding Expenses Cred Lab Bad Debts Recovered Goins Accrued incomes Debit Assets Apprenticeship Premium received Credit Income Books Assets Newspaper and Magazine Debit Expenses Profit and Loss Ale Dr.) Deba Losses Profit and Loss A/c CY) Credit 15 Gains Accumulated Depreciation Credit Liability Postage and Telegram Debit Esperde Traveling & Conveyonce Debit Expenses illustration 26. From the folowing ledger account balances prepare a Triolonce of Mi. Sen for the year ended 31 March 2012 Capitol 80,000: Sales 10.00.000 Adused Puchoset 8.00.000: Current Alcat 10.000 Petty Cash 10,000 Sales Ledger Balance 120.000. Purch Ledger Balance 60.000: Salaries 124.000 Camion nwarch 24,000Canioge Outward 4.000 Decount lowedt 10.000 Bulding 20.000. Outstanding Expenses 10,000: Prepaid Insurance 2.000 Depreciation 4.000 Cash at Bank 80.000: Loan Ne fel 66000 Profit & Los N/cent 20.000: Bod Deth Recovered 2.000 : Stock at 31.03.2013 120,000Interest Received ? 10.000. Accrued Interest 4.000 ventt 20.000; Provision for Biod Debts (OI04.201216,000: General Reserve 20.000
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