Ques 33 Adjustments in preparation of financial Statements Ch 19 : Class 11 Accounts TS Grewal

From the following information of Menal, prepare his Final Accounts for the year ended 31st March, 2025: Sales 500000 Purchases 250000 Returns Outward 10000 Returns Inward 12000 Creditors 102000 Carriage 8000 Commission (Cr.) 1000 Wages 60000 12% Bank Loan 30000 Miscellaneous Expenses 2000 Capital 240000 Insurance 1200 Rent Received 5000 Repairs 8000 Debtors 119000 Printing and Stationery 6000 Advertisement 15000 Opening Stock 30000 Cash in Hand 12000 Interest on Bank Loan 2800 Machinery 280000 Furniture 34000 Drawings 15000 Income tax paid 5,000 Cash at Bank 28000 28,000 [10:10 am, 15/12/2025] Maninder Kaur: 2