Exercise : 3 The following are the balances in the Ledger of Miss. Chitra for the
year ended 31 st March 2007
s/ Dec 200
Rs.
Slock on
Stock on 01.01.2007
Purchase
Raw Materials
10.000
5,000
Returns
Work-in-process
Carriage
Finished goods
20,000
Carriage
Stock on 31.12.2007
Rent
Raw Materials
5,000
Interes
15,000
Work-in-process
Finished goods
Salario
30,000
Gener
Purchase of Raw Materials
50.000
Disco
10,000
Insur
5.000
The
Direct Wages
Carriage Charges on purchase of raw materials
Factory Power
Depreciation on Factory Machines
Purchase of Finished Goods.
5.000
5.8
30,000
EX
Cartage paid on Finished Goods purchased
2.000
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