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| Name of account | L. | Debit | Credit |
| F. | balance(Rs.) | balance(Rs.) | |
| Capital | $66,000$ | ||
| Stock of goods | $9,000$ | ||
| Purchase | $90,000$ | ||
| Sales | $96,000$ | ||
| Goods return debit | $1,200$ | ||
| Goods return credit | $6,000$ | ||
| Wages – Salary | $11,400$ | ||
| Advertisement expense | $2,580$ | ||
| Rent paid | $1,800$ | ||
| Bad debts | $1,200$ | ||
| Building | $42,600$ | ||
| Creditors | $9,000$ | ||
| Debtors | $8,400$ | ||
| General reserve | $5,400$ | ||
| Income tax | $1,800$ | ||
| Bank balance | $2,820$ | ||
| Dividend | $5,000$ | ||
| Commission received | $10,000$ | ||
| Bills receivable | $15,000$ | ||
| Total | $2,62,200$ | $2,62,200$ |
| Name of A/c | Amt.(Rs.) | Name of A/c | Amt.(Rs.) |
| Opening stock | $7,800$ | Plant- Machineries | $4,500$ |
| Freehold assets | $1,5000$ | Wages | $1,000$ |
| Sundry debtors | $6,000$ | Carriage inward | $90$ |
| Factory expenses | $800$ | Royalty | $100$ |
| Purchase of raw material | $7,500$ | Carriage outward | $100$ |
| Factory rent | $700$ | Capital | $8,000$ |
| Discount allowed | $400$ | Discount received | $360$ |
| Sundry creditors | $2,000$ | Insurance | $200$ |
| Bad debts reserve | $150$ | Commission received | $1,500$ |
| Commission paid | $500$ | Bad debts | $150$ |
| Office expenses | $750$ | Salary | $1,000$ |
| Travelling expense | $100$ | Legal expense | $100$ |
| Bank balance | $420$ | Cash balance | $400$ |
| Loan borrowed | $3,000$ | Office rent | $400$ |
| Net sales | $33,000$ |
| $2015$ | ||
| April | $1$ | Opening cash balance $Rs. 5,500.$ |
| $3$ | Goods of $Rs. 4,000$ sold at $10 \%$ cash discount. | |
| $4$ | Goods of $Rs. 3,000$ sold at $10 \%$ trade discount. | |
| $5$ | Cash of $Rs. 2,000$ paid to Arth in full settlement of his account of $Rs. 2,030.$ | |
| $10$ | Goods of $Rs. 4,000$ purchased at $5\%$ cash discount. | |
| $13$ | Salary of $Rs. 1,000$ and wages of $Rs. 600 $ are paid by cash. | |
| $15$ | Commission of $Rs. 100$ and brokerage of $Rs. 900$ received. | |
| $17$ | Cash of $Rs. 1,400$ paid to Krishna in full settlement of account of $Rs. 1,420.$ | |
| $18$ | Goods of $Rs. 5,000$ sold at $10\%$ trade discount and $5\%$ cash discount. | |
| $19$ | A machine of $Rs. 6,000$ purchased from Ramesh for which $Rs. 2,000$ paid by cash.and it is decided that the remaining amount will be paid after one month. | |
| $23$ | As more funds are required in the business. household furniture of $Rs. 3,000$ issold for $Rs. 3,500$ and out of this $Rs. 2,500$ are brought in the business. | |
| $27$ | $Rs. 225$ paid to VepariMahamandal towards annual fees. | |
| $29$ | Godown rent $Rs. 600$ paid by cash and carriage of $Rs. 300$ paid to Shambhu in cash. | |
| Particulars | 1-4-15 Amount |
31-3-16 Amount |
| Land-Building | $13,000$ | $25,000$ |
| Machinery | $9,000$ | $11,000$ |
| Furniture | $1,500$ | $2,500$ |
| Investments | $2,500$ | $3,000$ |
| Debtors | $6,250$ | $8,250$ |
| Bills payable | $600$ |
$750$ |
| Creditors | $7,500$ | $9,000$ |
| ***** receivable | $1,600$ | $1,200$ |
| Stock | $4,000$ | $5,000$ |
| Cash and Bank balance | $4,000$ | $3,000$ |
| Loan from bank | $5,000$ | $5,000$ |
| Provident fund | $2,000$ | $2,500$ |
| $2015$ | ||
| April | $1$ | Purchased from Shri Ram Furniture Mart, $10$ pieces table at $Rs. 1000$ per piece, $15$ pieces chairs at $Rs.$ $600$ per piece and $5$ pieces cupboard at $Rs. 3000$ per piece. Credit period - $1$ month and invoice No. $99$. |
| $5$ | Purchased from Shree Krishna Furniture Mart $10$ pieces table at $Rs. 1200$ per piece and $12$ pieces cupboard at $Rs. 2500$ per piece at $10 \%$ trade discount. Invoice no. $126$ received. Half of the amount is paid immediately by cash. |
|
| $10$ | A cycle purchased from Shivam Cycle Stores at $Rs. 3500.$ | |
| $20$ | Purchased chairs of $Rs. 10,000$ at $10\%$ trade discount and $5 \%$ cash discount from Rahim Furniture and amount is paid immediately. |
|
| $25$ | An order placed with Shree Ambey Furniture Trading Co., $20$ pieces table at $Rs. 900$ per piece and $5$ pieces chairs at $Rs. 700$ per piece | |
| $30$ | Purchased from Maheshbhai $5$ pieces table at $Rs. 1200$ per piece, $20$ pieces chairs at $Rs. 600$ per piece and $8$ cupboards at $Rs. 2500$ per piece at $10 \%$ trade discount Bill no. $500.$ | |