Answer to Question #37559 in Other Management for duke chadha

Question #37559
From the given trial balance, draft an Adjusted Trial Balance. Trial Balance as on 31.03.2013 Debit balances Rs. Credit balances Rs. Furniture and Fittings 15000 Bank Over Draft 16000 Buildings 500000 Capital Account 400000 Sales Returns 1000 Purchase Returns 4000 Bad Debts 2000 Sundry Creditors 35000 Sundry Debtors 25000 Commission 5000 Purchases 90000 Sales 235000 Advertising 20000 Cash 10000 Taxes and Insurance 5000 General Expenses 7000 Salaries 20000 TOTAL 695000 TOTAL 695000 Adjustments: 1. Charge depreciation at 10% on Buildings and Furniture and fittings. 2. Write off further bad debts 1000 3. Taxes and Insurance prepaid 2000 4. Outstanding salaries 5000 5. Commission received in advance1000
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