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The following further information is to be taken into account: ( a ) Stock in hand at 3 0 . 0 9 . 2 0

The following further information is to be taken into account:
(a) Stock in hand at 30.09.2023 was 12,972
(b) Provision is to be made for the following liabilities and due expenses as on 30.09.2023.
Rent 450, Heat & Light 136, Travellers' commission 806, accountancy charges 252.
(c) Provision for bald debts is to be raised to 30% of debtors.
(d) Office furniture is to be depreciated by 10% on book value.
(e) Mr Trader removed stock 112 for his own use.
You are required to:
(a) Prepare a Trial Balance
(b) Prepare a Trading, Profit & Loss and Balance Sheet A/C as at 30.09.2023.Trader carries on a merchanting business. The following balances have been extracted
from these books as on 30.09.2023.
Capital S. Trader at 01.10.202224,239
Office Furniture 1,440
Cash drawings S. Trader 4,888
Stock in hand 01.10.202214,972
Purchases 167,760
Sales 203,845
Rent 1,350
Light and Heat 475
Insurance 304
Salaries 6,352
Stationery & Printing 737
Telephone 517
General Expenses 2,044
Travellers Commission 9,925
Discount Allowed 517
Discount Received 955
Bad debts written off 331
Debtors 19,100
Creditors 8,162
Bank Balance 6,603
Cash in Hand 29
Provision for Bad Debts 143Trader carries on a merchanting business. The following balances have been extracte
from these books as on 30.09.2023.
The following further information is to be taken into account:
(a) Stock in hand at 30.09.2023 was 12,972
(b) Provision is to be made for the following liabilities and due expenses as on 30.09.2023.
Rent 450, Heat & Light 136, Travellers commission 806, accountancy charges 252.
(c) Provision for bad debts is to be raised to 30% of debtors.
(d) Office furniture is to be depreciated by 10% on book value.
(e) Mr Trader removed stock 112 for his own use.
You are required to:
(a) Prepare a Trial Balance
(b) Prepare a Trading, Profit & Loss and Balance Sheet A/C as at 30.09.2023
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