2017 Q.

04
Trail Balance
Description Debit Credit
I Sales 1450000
I Purchase 1035000
B Trade Debtors 49000
B Provision for doubful debt 01.04.2016 3500
I Advertising Ex. 71000
I Repair to buildings 249000
I Salaries and Wages 781000
I Other administrative ex. 420000
I Rent income 35000
I Discount Received 41000
I Losses from stock damages 10500
I Stock as at 01.04.2016 38000
B Trade creditors 42000
B Building(cost) 1300000
B Land(cost) 2000000
Provisionfor depreciation as at 01.04.2016
B Building 390000
B cash 108000
B Capital 4100000
I Closing Stock (tr)
B Closing Stock (bs)
I dep.Building
B Accrued AdvertisinG ex.
B Prepaid rent income
I Doubtful debt
Profit/Loss
6061500 6061500

Workings
Building Dep. 13000
500
13500
 Ajestments Ajested trail balance Income statement Balance sheet
Debit Credit Debit Credit Debit Credit Debit
0 1450000 0 1450000 0
1035000 0 1035000 0 0
49000 0 0 0 49000
4900 0 8400 0 0 0
22000 93000 0 93000 0 0
100000 149000 0 149000 0 0
781000 0 781000 0 0
420000 0 420000 0 0
35000 0 0 0 0 0
0 41000 0 41000 0
10500 0 10500 0 0
38000 0 38000 0 0
0 42000 0 0 0
100000 1400000 0 0 0 1400000
2000000 0 0 0 2000000
0 0 0 0 0
130500 0 520500 0 0 0
108000 0 0 0 108000
0 4100000 0 0 0
68000 0 68000 0 68000 0
68000 68000 0 0 0 68000
130500 130500 0 130500 0 0
22000 0 22000 0 0 0
35000 0 35000 0 0 0
4900 4900 0 4900 0 0
1102900
360400 360400 6286900 6286900 2661900 1559000 4727900
Balance sheet
Credit
0
0
0
8400
0
0
0
0
0
0
0
0
42000
0
0
0
520500
0
4100000
0
0
0
22000
35000
0
0
4727900
OT

OT Hours OT Amount
Name Basic salary
Single Double Single Double
P 60000 5 20 Rs.2,163.46 Rs.11,538.46
Q 70000 10 10 Rs.5,048.08 Rs.6,730.77
R 35000 20 5 Rs.5,048.08 Rs.1,682.69
S 40000 30 0 Rs.8,653.85 Rs.0.00
T 80000 10 8 Rs.5,769.23 Rs.6,153.85
Total
Rs.13,701.92
Rs.11,778.85
Rs.6,730.77
Rs.8,653.85
Rs.11,923.08