Question

Prepare final account from the trial balance and adjustments of Ganguly as on 31-3-21
                                    Trial balance of Ganguly as on 31-3-2021

Debit Balance
Amt.
Credit Balance
Amt.
Drawings
12,000
Capital
4,00,000
Purchase
6,00,000
Sales
9,98,000
Stock ( 1-4-20)
60,000
Purchase return
20,000
Carriage inward
10,000
Interest on debentures
10,000
Sales return
40,000
Discount received
4000
Salary
1,20,000
Commission received
2000
Wages
40,000
10% Bank loan
2,00,000
Office expenses
80,000
Bills payable
15,000
Debtors
90,000
Creditors
70,000
Bills receivable
30,000
Outstanding rent
1000
Advertisement expenses
50,000
 
 
Stationary expense
6000
 
 
Machinery
90,000
 
 
Buildings
3,00,000
 
 
Furniture
60,000
 
 
Rent
12,000
 
 
Investment in 10% Debentures
1,00,000
 
 
Interest on bank loan
20,000
 
 
 
17,20,000
 
17,20,000

Adjustments :-
1)     Closing stock of Rs 50000 out of which market value of 40% stock is 10 % more.
2)     Unrecorded credit purchase is Rs 5,000.
3)     Goods of Rs 10,000 destroyed by fire for which insurance company accepted full claim.
4)     Goods of Rs 15,000 withdrawn for personal use.
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Answer 1

Answer:

Explanation:

Draw an outline map of Nepal inside a rectangle of 20 cm x 12 cm and insert the following facts in it using a suitable index. a) Provincial boundaries b) East-West highway c) International boundary d) Kathmandu, Pokhara, Dhankuta, Birendranagar, Dipayal e) Mt. Sagarmatha, Mt. Machhapuchhre any fact f) River Koshi, River Karnali the ma g) Lake Rara, Lake TilichDraw an outline map of Nepal inside a rectangle of 20 cm x 12 cm and insert the following facts in it using a suitable index. a) Provincial boundaries b) East-West highway c) International boundary d) Kathmandu, Pokhara, Dhankuta, Birendranagar, Dipayal e) Mt. Sagarmatha, Mt. Machhapuchhre any fact f) River Koshi, River Karnali the ma g) Lake Rara, Lake Tilicho, Lake Phewa h) Muktinath Temple, Manakamana Temple​o, Lake Phewa h) Muktinath Temple, Manakamana Temple​