Q$3.$ The balance sheet account of MARUTI limited had the following balances on $31$ March $2022,$ the end of the financial year. Find the closing balance in each account using Balance Sheet Equation as on April $30,2022.$

Consider the following transactions for April month

The company acquired inventory on credit Rs $36750$

Sale of goods for cash Rs$27188$

Made payment to creditors Rs$21750($further to transaction $(1))$

Sale of goods on account Rs$28500.$

Paid advertising expense in cash, Rs$2250$

The reported COGS was Rs$30000$

Collections on account Rs $24863$

Miscellaneous expenses paid in cash Rs$6000$

Employees were paid in cash Rs$6750$

Recognized rent expenses Rs $1500$

$1$i$.$ Depreciation of store equipment, Rs $187$