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(34. The following trial balance of Sri Anil Roy of Rajnagar was drafted by his accountant. defective knowledge in the subject, it had been done incorrectly. You are now askedfollowing trial balance :Trial Balancefor the year ended 31st December, 2016Ledger balancesDebit₹Opening stock49,770Closing stockCapitalFixed assets2,37,000Sundry creditorsSundry debtors62.010Returns inward1.7,200Purchases1,82,760SalesDiscount allowedRates and taxes21,390Commission receivedCash in handBank overdraft1.140Interest paid33,000Rent receivableBills payable11,400Bills receivableWages and salaries45,000Export duty94,200Returns outwardCarriage inwardImport dutyCarriage outward3,6002.4007.50,870[Hints: Treat rent receivable as rent income.)55. Recast the following Trial Balance after incorporating the adiumente men belt |
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