Question - 04
Following balance are extracted from the books of Ramesh medical prepare trial balance on 31st Dec., 2000.
Salary Rs. 3,000
Building Rs. 40,000
Capital Rs. 64,000
Bills payable Rs. 11,600
Debtors Rs. 3,000
Insurance Rs. 550
Creditors Rs. 18,100
Bills receivable Rs. 5,000
Bad debts Reserve Rs. 1,000
Bank overdraft Rs. 15,000
Commission received Rs. 6,000
Charity Rs. 300
purchases Rs. 10,000
Sales Rs. 22,000
Purchases Returns Rs. 300 
Sales Returns Rs. 700
Cash in hand Rs. 62,450