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35,200 From the following figures extracted from the books of Govind, you are required to prepare a Trading and Profit and Loss Account for the year ended 31st March, 1998 and a Balance Sheet as on that date after making the necessary adjustments : Particulars Rs Particulars Rs Shri Govind's capital 2,28,800 Stock 1.4.97 38,500 Shy Govind's drawings 13,200 | Wages Et and Machinery 99,000 Sundry Creditors 44.000 Freehold property 66,000 Postage & Telegrams 1.540 Purchases 1,10,000 Insurance 1.760 2.970 1,100 Gas and fuel Returns outwards 660 13,200 Bad debts Salaries 2.860 2,750 Office rent Office expenses 9.900 5,500 Freight Office furniture Discounts A/c. (Dr.) 1,320 Loose tools Sundry Debtors 29,260. Factory lighting 44,000 Provision for Doubtful Debts Loan to Shri Krishna @ 10% p.a. balance on 1.4.97 29,260 Interest on loan to Shri Krishna Cash at bank 5,500 Cash in hand Bills payable 2.31,440 Sales 2,200 1,100 880 1,100 2.640

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