ILLUSTRATION 12 Hard Luck Chemicals Ltd. deliver goods to customers in drums (which are valued in books at $30 each) charging them out at $60 each. Customers are credited with $40 each, if the drums are returned within six weeks. Following information is supplied to you: Drums Drums Stock in hand on 1st April, 2014 2,000 Drums returned by customers 4,600 Drums with customers on 1st April, 2014 (Still returnable) 4,200 Drums destroyed in an accident 60 Purchases at $50 each 3,000 Drums sold as scrap for $1,00 100 Drums sent out to customers 6,400 Repairs carried out to drums $3,500 On 31st March, 2015, 3,800 drums were with customers and could be returned within the following week. You are required to show Drums Stock Account, Drums Trading Account and Memorandum Customers Account in the books of the Company