850 Question-4 Redraft correctly the trial balance given below: [12] Debit balances Rs Credit balances Rs. Capital 8,000 debtors 7.580 Bad debts recovered 250 bank deposits 2,750 Creditors 1,250 discount allowed 40 350 Return outwards 600 drawings Bank overdraft 1570 return inward 450 Rent 360 sales 13.690 Salaries bills payable 1,350 200 1000 Cash in hand 210 Opening stock 2450 Purchase 11,870 27,460 27,460 Question-5 Ravi manufactures Itd purchase on 1" September 2016 machinery costing Rs 25,0000. A sum of Rs 2,0000 was spent on its exection. Depreciation is to be allowed @ 10% p.a. show machinery account for 3 years under both the fixed installment and reducing installment methods of depreciation. The company closes its books every year an 31" march. [12] Trade expenses grant received