Prepare the trading and profit and loss account and a balance sheet of M/s Shine Ltd. from the following particulars.

Adjustments
1. Closing stock was valued Rs. 35,000.
2. Depreciation charged on furniture and fixture @ 5%.
3. Further bad debts Rs. 1,000. Make a provision for bad debts @ 5% on sundry debtors.
4. Depreciation charged on motor car @ 10%.
5. Interest on drawing @ 6%.
6. Rent, rates and taxes was outstanding Rs.200.
7. Discount on debtors 2%.

Prepare trading and profit and loss account and balance sheet from the following particulars as on March 31, 2017. Closing stock Rs. 30,000

Prepare the bad debts account, provision for account, profit and loss account and balance sheet from the following information as on March 31, 2017 Adjustments : Bad debts Rs. 500 Provision on debtors @ 3%.

Prepare a trading and profit and loss account of M/s Green Club Ltd. for the year ending March 31, 2017. from the following figures taken from his trial balance : Adjustments 1. Depreciation charged on machinery @ 5% p.a. 2. Further bad debts Rs. 1,500, discount on debtors @ 5% and make a provision on debtors @ 6%. 3. Wages prepaid Rs. 1,000. 4. Interest on investment @ 5% p.a. 5. Closing stock Rs. 10,000.

Following balances have been extracted from the trial balance of M/s Keshav Electronics Ltd. You are required to prepare the trading and profit and loss account and a balance sheet as on March 31, 2017. The following additional information is available : 1. Stock on March 31, 2017 was Rs. 30,000. 2. Depreciation is to be charged on building at 5% and motor van at 10%. 3. Provision for doubtful debts is to be maintained at 5% on Sundry Debtors. 4. Unexpired insurance was Rs. 600. 5. The Manager is entitled to a commissiion @ 5% on net profit after charging such commission.

Prepare the trading and profit and loss account and balance sheet of M/s Control Device India on March 31, 2017 from the following balance as on that date. Closing stock was valued Rs. 20,000. (a) Interest on capital @ 10%. (b) Interest on drawings @ 5%. (c) Wages outstanding Rs. 50. (d) Outstanding salary Rs. 20. (e) Provide a depreciation @ 5% on plant and machinery. (f) Make a 5% provision on debtors.

From the following balances, prepare the trading and profit and loss account and balance sheet as on March 31, 2017. Adjustments 1. Closing stock Rs. 70,000 Rs. 2. Create a reserve for bad and doubtful debts @ 10% on book debts Rs. 3. Insurance prepaid Rs. 50 4. Rent outstanding Rs. 150 5. Interest on loan is due @ 6% p.a.

Prepare a trading and profit and loss account for the year ending March 31, 2017. from the balances extracted of M/s Rahul Sons. Also prepare a balance sheet at the end of the year. Adjustments 1. Commission received in advance Rs. 1,000. 2. Rent receivable Rs. 2,000. 3. Salary outstanding Rs. 1,000 and insurance prepaid Rs. 800. 4. Further bad debts Rs. 1,000 and provision for doubtful debts @ 5% on debtors and discount on debtors @ 2%. 5. Closing stock Rs. 32,000. 6. Depreciation on building @ 6% p.a.

From the following balances extracted from the books of Raga Ltd. prepare a trading and profit and loss account for the year ended March 31, 2017 and a balance sheet as on that date. The additional information is as under : 1. Closing stock was valued at the end of the year Rs. 20,000. 2. Depreciation on plant and machinery charged at 5% and land and building at 10%. 3. Discount on debtors at 3%. 4. Make a provision at 5% on debtors for doubtful debts. 5. Salary outstanding was Rs. 100 and Wages prepaid was Rs. 40. 6. The manager is entitled a commission of 5% on net profit after charging such commission.