RAFIQ ANWAR Trial Balance on 31 December 2005 Dr. 150,000 Cr Premises Purchases / Sales Debtors / Creditors Bad Debts written off Salaries Motor vehicle 393,800 56,000 700 52,500 78,000 560,500 49,100 42,200 36,000 20,000 300,000 Provision for Depreciation on Motor Vehicle Drawings / Capital Furniture Provision for depreciation of Furniture Return Inward/Outward Provision for Doubtful Debts Rates & Insurance Stock, 1January 2005 11,500 11,000 17,000 300 General Expenses Advertising Office machine Carriage inward Cash at Bank and in Hand ight & Telephone Rent Income Commission Income 16,800 44,400 29,400 16,400 7,400 38,900 14,400 9,800 16,900 23,400 998,200 998,200 Aditional information o Stock on 31 December 2005, Rs. 90,800 o Accrued expenses: Salaries Rs 4,700, Telephone Rs 1,200; Prepaid expenses: Insurance Rs 1,900 O Accrued commission income, Rs 4,400; o Rent received in advance, Rs 2,700 O Provide 20% depreciation on Motor Vehicles and Furniture using reducing installment m 0 Re-value office machine at Rs.5,000 and adjust Provision for Bad Debts to 2% of Debtors RAFIQ ANWAR Trial Balance on 31 December 2005 Dr. 150,000 Cr Premises Purchases / Sales Debtors / Creditors Bad Debts written off Salaries Motor vehicle 393,800 56,000 700 52,500 78,000 560,500 49,100 42,200 36,000 20,000 300,000 Provision for Depreciation on Motor Vehicle Drawings / Capital Furniture Provision for depreciation of Furniture Return Inward/Outward Provision for Doubtful Debts Rates & Insurance Stock, 1January 2005 11,500 11,000 17,000 300 General Expenses Advertising Office machine Carriage inward Cash at Bank and in Hand ight & Telephone Rent Income Commission Income 16,800 44,400 29,400 16,400 7,400 38,900 14,400 9,800 16,900 23,400 998,200 998,200 Aditional information o Stock on 31 December 2005, Rs. 90,800 o Accrued expenses: Salaries Rs 4,700, Telephone Rs 1,200; Prepaid expenses: Insurance Rs 1,900 O Accrued commission income, Rs 4,400; o Rent received in advance, Rs 2,700 O Provide 20% depreciation on Motor Vehicles and Furniture using reducing installment m 0 Re-value office machine at Rs.5,000 and adjust Provision for Bad Debts to 2% of Debtors