Illustration 2: From the following Trial balance extracted from the books of Shri Sunit as on 31" December 2009. Prepare his final accounts as on 31st December 2009 after taking into consideration following adjustments. Trial balance as on Dec. 31, 2009 j12 Dr. Rs. Cr. Rs. 28,000 Particulars Sundry Creditors Rent Cash at Bank Cash in hand Stock as on 1 Jan. 2009 Bad debts Discounts Purchase and Sales Carriage on Sales Plant and Machinery Sales Return Purchase Return Carriage on Purchases Furniture and Fixtures Insurance Salaries Bills Receivable Drawings 5,000 42,000 28,000 18,000 900 1,800 65,000 3,500 48,000 1,200 1,200 1,08,000 1,800 7,500 80,000 8,000 9,000 18,000 22,000 6,000 3,50,000 Wages Capital Sundry Debtors Commission 1,20,900 4,200 4,89,000 4,89,000 Adjustments - 1) Depreciate Plant and Machinery 10%. 2) Insurance prepaid Rs. 1,500/- 3) Outstanding Salaries Rs. 1,200/-. 4) Closing Stock Rs.81,000/