1.

The following balance are extracted from the books ofRanmdass on 31" December 1958. Prepare a Trial BalanceRamdass Capital15,000 Discounts (Dr.)800Discounts (Cr) 1000Ramdass Drawings 2,500Furniture and Fittings 1,300 Bank overdraft 2100 General expenses2,000Sundry creditors 5500 Salaries4,500Business Premises 10,000Commission (Dr)2100Stock (1 Jan. 1958) 11,000 Carriage on purchases 900Sundry Debtors 9,000 Reserve for bad anddoubtful debts1,000Rent from tenants 500Purchases55,000Sales75.000Return Inwards 1.000​

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