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Srinvas did not maintain the Booksof Accounts properly. From the following data, prepare final accounts for the year ended 31st March, 2019: |{:(,"Rs."),("Opening Stock","1,00,000"),("Creditors on April, 2018"," 40,000"),("Cash in Hand on 31st March, 2018"," 60,000"),("Furniture on 1st April, 2018"," 20,000"),("Salaries"," 68,000"),("Rent"," 24,000"),("Other expenses"," 48,000"),("Cash Sales"," 80,000"),("Credit sales","8,00,000"):}||{:(,"Rs."),("Cash received from debtors","6,40,000"),("Cash paid to creditors","3,60,000"),("Cash purchases"," 40,000"),("Credit purchases","6,00,000"),("Closing stock"," 80,000"),("Debtors on 31st March, 2019","2,40,000"),("Debtos on 1st April, 2018","1,00,000"),("Drawings","1,00,000"),("Discount allowed to debtors"," 20,000"):}| |
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