TXD Manufacturing Ltd.
Following information has been extracted from the books of TXD Manufacturing Ltd. for the year ended 30th June 2017:
Accounts	Amount	Amount
	Dr.	Cr.
Furniture	6250
Loose tools	640
Buildings	7500
Share Capital		12500
Bad debts	125
Provision for bad debts		200
Sundry debtor	3800
Sundry creditors		2500
Stock 01-07-2016	3460
Purchases	5475
Sales		15450
Bank overdraft		2850
Sale returns	200
Purchases returns		125
Advertising	450
Interest	118
Commission		375
Cash in hand	650
Insurance	1250
General expenses	782
Salaries	3300
	34000	34000
The following adjustments are to be made:
(i) Stock in hand on 30-06-2017 was 3,250
(ii) Depreciate building at 5% and furniture at 10%
(ii) Outstanding salaries as at 30-06-2017 are 300
(iv) Interest payable as at 360-06-2017 is 75
(v) Insurance amounting to 100 is prepaid
(vi) Write off a further 100 as bad debts and provision for bad debts is to be made equal to 5% on sundry debtors.
Required:
Prepare Trial balance, Trading and Profit & Loss account and Balance Sheet as at 30-06-2017