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The Following balances were obtained from the books of The Future Ink Company LTD for the year ending March 31, 2021: DETAILS DR CR
The Following balances were obtained from the books of The Future Ink Company LTD for the year ending March 31, 2021: DETAILS DR CR General Reserve 50,000 Building 75000 10% Debenture 70000 Sales 3,500000 Purchases 2800000 Carriage Inwards 4000 Delivery Charges 15000 Salesmen Salary 80000 Rent and Rates 100000 Insurance 14700 Light and Heating 12300 Repairs and Maintenance 21200 Office Salaries 50000 Salesmen Commission 17400 Auditors fees 1500 Directors fees 20000 Interim Ord Shares Dividend 4000 Furniture and fittings 82000 Provision for Depreciation (Furniture & Fittings) 32800
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