ON Illustration 5: From the following Trial Balance extracted from the books of Suraj Farms draw up the final accounts for the year ended 31" March, 2015 and the Balance Sheet as on the date : Debit Balances Rs. Credit Balances Rs. Stock on 1-4-2014 Sales Live stock 1,50,000 Live Stock 48,000 Paddy 60,000 Paddy 2,12,000 Cattle feed 11,000 Milk 1,57,000 4,17,000 Fertilizers 5,000 Sundry Creditors 26,000 Seeds 3,000 2,29,000 Outstanding expenses 4,000 Purchases : Capital Account 4,41,800 Live Stock 30,000 Cattle feed 60,000 Fertilizers 16,000 Seeds 5,800 1,11,800 Sundry Debtors 21,000 Repairs and Maintenance of Farm 12,000 equipments Farm equipments 1,50,000 Crop expenses 50,400 Live stock expenses 12,5001 General expenses 11,700 Cash in hand 7,300 Cash at Bank 8,5001 Land 2,75,000 8,89,200 8,89,200 Additional Information: 1. Closing stock as on 31-03-2015 Live stock Rs. 1,32,000; Paddy Rs. 30,000; Cattle feed Rs. 6,000; Fertilizers Rs. 3,500; Seeds Rs. 2.700. ON Illustration 5: From the following Trial Balance extracted from the books of Suraj Farms draw up the final accounts for the year ended 31" March, 2015 and the Balance Sheet as on the date : Debit Balances Rs. Credit Balances Rs. Stock on 1-4-2014 Sales Live stock 1,50,000 Live Stock 48,000 Paddy 60,000 Paddy 2,12,000 Cattle feed 11,000 Milk 1,57,000 4,17,000 Fertilizers 5,000 Sundry Creditors 26,000 Seeds 3,000 2,29,000 Outstanding expenses 4,000 Purchases : Capital Account 4,41,800 Live Stock 30,000 Cattle feed 60,000 Fertilizers 16,000 Seeds 5,800 1,11,800 Sundry Debtors 21,000 Repairs and Maintenance of Farm 12,000 equipments Farm equipments 1,50,000 Crop expenses 50,400 Live stock expenses 12,5001 General expenses 11,700 Cash in hand 7,300 Cash at Bank 8,5001 Land 2,75,000 8,89,200 8,89,200 Additional Information: 1. Closing stock as on 31-03-2015 Live stock Rs. 1,32,000; Paddy Rs. 30,000; Cattle feed Rs. 6,000; Fertilizers Rs. 3,500; Seeds Rs. 2.700