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Question 1: RO The following is the Ledger accounts balance of Sonal Fashions as on 31 December 2019: Sonal Fashions Particulars Administrative Expenses 39.100 Advertisement
Question 1: RO The following is the Ledger accounts balance of Sonal Fashions as on 31" December 2019: Sonal Fashions Particulars Administrative Expenses 39.100 Advertisement 2.400 Bank Overdraft 4.400 Cash at bank 12.000 Interest paid 2.100 Machinery 70,000 Purchases 339,000 Returns inward 3.800 Sales 447,500 Share capital 56,000 Stock at the year end 29,400 Travelling Expenses 1,300 Adjustments: Depreciate machinery @ 4% p.a. by written down method. . Outstanding administrative expenses RO 3,200 . Interest paid in advance RO 900 . Closing stock RO 8,400 Advertisement expenses accrued 800
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