On 1st may 1999 , the following were the ledger balances of m/s kishan lal & co;
Cash in hand rs 600 , cash at bank 14000 , bills payable rs 2000 , jamal ( Dr) rs 1600 , stock rs 8000 , guru ( cr) rs 4000 , sankar (Dr) rs 3000, rahim (cr) rs 1800 , capital rs 19400
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cash ac. Dr. 600
bank ac. Dr. 14000
jamal ac. Dr. 1600
sankar ac. Dr. 3000
stock ac. Dr. 8000
To Guru ac. 4000
To rahim ac. 1800
To bills payable ac. 2000
To capital ac.(b.f.) 19400
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