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The following is the Trial Balance of a merchant on Mar 31, 2009
Particulars
Dr. Rs
Cr. Rs
Capital/Drawings
30,000
4,00,000
Opening Stock
37,500
-
Purchases/Sales
7,97,500
11,55,000
Freight on Purchases
12,500
Wages (11 months upto Feb 28, 2009)
33,000
Salaries
70,000
Postage, Telegrams, Telephone
6,000
Printing and Stationery
9,000
Miscellaneous Expenses
15,000
Debtors/Creditors
1,25,000
1,50,000
Investments
50,000
Discount Received
7,500
Bad Debts
Provision for Bad Debts
4,000
Building
15,0000
Machinery
2,50,000
Furniture
20,000
Commission on Sales
22,500
Interest on Investments
Insurance (up to Aug 31, 2009)
12,000
Bank Balance
75,000
17,22,500
Adjustments
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