Question - 17

Prepare Final Accounts in the books of Hemendra Kumar from the following Trial balance for the year ended 31st Dec., 2000.
Trail Balance 


Capital (Cr.) Rs. 50,000
Machinery Rs. 10,000
Land and buildings Rs. 12,000
Sales (Cr.) Rs. 90,000
Funiture Rs. 5,000
Debtors Rs. 10,000
Trade exp. Rs. 1,000
Depreciation Rs. 2,000
Cash in hand Rs. 10,000
Cash at Bank Rs. 15,000
Salary and Wages Rs. 6,000
Repairs Rs. 60,000
Opening Stock Rs. 20,000
Creditors (Cr.) Rs. 12,000
Purchase returns (Cr.) Rs. 1,000
Rent Rs. 600
Discount Rs. 200
Drawings Rs. 1,000
Bills receivable and bills Payable Rs. 4,000 and Rs. 3,000
Bad debts Rs. 400
Interest (Cr.) Rs. 1,000.