Set up a trial equalization

Reference no: EM13910736

The accompanying balances were removed from the record of Rahul on 31st March, 2003. You are asked for to set up a trial equalization as on that date in the best possible structure.

Rs. Rs.

Salaries 36,320 Purchases 1,44,670

Sales 1,73,500 Sundry Debtors 1,430

Plant & Machinery 34,300 Travelling Expenses 2,630

Commission Paid 1,880 Carriage Inward 240

Stock on 1.4.2002 11,100 Sundry Creditors 14,260

Repairs 1670 Capital, 1.4.2002 62,500

Sundry Expenses 460 Drawings 3,500

Returns Inward 1,000 Cash at Bank 1,090

Discount Allowed 1,150 Returns Outward 400

Rent and Rates 3,220 Investments 6,000

Reference no: EM13910736

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