Q.4 Answer the following: o Copital. 0.50 [3] 1. The following is Tring: Balance of Shri Om as on 31" March 2017. You are required to prepare Balance Sheet ns per Schedule III of Com 31" March 2017. You are required to prepare necessaru nett.... per Sehed The following adjustments are 10 be made: 1) Stock on 31st March 2017 was valued al INR 7,25,000 2) A Provision for Bad \& Doubtful Debt is to be created to extent of 5% on Sundry Debtors 3) Depreciate Furniture and Fittings by 10% and Motor Car by 20% 4) Shri Om had withdrawn goods worth INR 25,000 during the year. 5) Sales include goods worth INR 75,000 sent to Shanti \& Co. on approval and remaining unsold on 31st March 2017. The cosi of goods was INR 50,000. 6) The Salesman are entilled to a Commission of 5% on total sales 7) Debtors include INR 25,000 bad debts Q.4 Answer the following: o Copital. 0.50 [3] 1. The following is Tring: Balance of Shri Om as on 31" March 2017. You are required to prepare Balance Sheet ns per Schedule III of Com 31" March 2017. You are required to prepare necessaru nett.... per Sehed The following adjustments are 10 be made: 1) Stock on 31st March 2017 was valued al INR 7,25,000 2) A Provision for Bad \& Doubtful Debt is to be created to extent of 5% on Sundry Debtors 3) Depreciate Furniture and Fittings by 10% and Motor Car by 20% 4) Shri Om had withdrawn goods worth INR 25,000 during the year. 5) Sales include goods worth INR 75,000 sent to Shanti \& Co. on approval and remaining unsold on 31st March 2017. The cosi of goods was INR 50,000. 6) The Salesman are entilled to a Commission of 5% on total sales 7) Debtors include INR 25,000 bad debts