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Following is the trial balance of Kavita Limited as on 31 -3 -'18: Trial Balance as on 31 -3-'18 Credit Balances Debit 16.20.000 1 15,39.000 2.43.000 1.05.300 Equity share capital Land Building Opening stock Commission received Debtors Omce and sales expenses Purchase 10% Debentures Interest on debenture Salary Bank overdraft Sales Software Wages 12.15.000 1.62.000 28.75.000 8.10.000 81.000 20.25.000 97.200 64.80.000 8.10.000 1.62.000 91.12.500 Total 91.12.500 Additional information: (1) Closing stock 2.83.500 Tu Make provision for tax at 50% of net profit. From the above information, prepare final accounts as per Schedule - m of Companies Act. 2013
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