The following Trial Balance of Rajan, prepare Trading and Profit and Loss account for the year ended arch, 2019 and Balance Sheet as at that date after taking into account the adjustments given below: 8al Balance as at 31" March, 2019Dr. (Rs)Cr.(Rs.)2,90,000ParticularsRajan's CapitalRajan's DrawingsPurchases7,60089,000Sales1,50,0002,8004,50012,0008,0002,20,00020,0002,0002,400Sales ReturnPurchases ReturnStock on 1st April , 2018Wages#BuildingFreight and Carriage InwardsTrade ExpensesAdvertisementInterestTaxes and InsuranceDebtorsCreditorsBills ReceivableBills PayableCash at BankCash in HandSalaries3,5001,30065,00012,00015,0007,00012,0001,9008,0004,67,000 14.67,000Totaladjustmentments:Stock at cost on 31" March 2019 was Rs. 18,000. Its Net Realisable value (Market value) was Rs. 15,000.Insurance of Rs. 400 was prepaid;Outstanding liabilities were: Salaries Rs. 2,000; Taxes Rs. 1,300; andDepreciate Building at 2% p.a.

The following Trial Balance of Rajan, prepare Trading and Profit and L

1.	The following Trial Balance of Rajan, prepare Trading and Profit and Loss account for the year ended arch, 2019 and Balance Sheet as at that date after taking into account the adjustments given below: 8al Balance as at 31" March, 2019Dr. (Rs)Cr.(Rs.)2,90,000ParticularsRajan's CapitalRajan's DrawingsPurchases7,60089,000Sales1,50,0002,8004,50012,0008,0002,20,00020,0002,0002,400Sales ReturnPurchases ReturnStock on 1st April , 2018Wages#BuildingFreight and Carriage InwardsTrade ExpensesAdvertisementInterestTaxes and InsuranceDebtorsCreditorsBills ReceivableBills PayableCash at BankCash in HandSalaries3,5001,30065,00012,00015,0007,00012,0001,9008,0004,67,000 14.67,000Totaladjustmentments:Stock at cost on 31" March 2019 was Rs. 18,000. Its Net Realisable value (Market value) was Rs. 15,000.Insurance of Rs. 400 was prepaid;Outstanding liabilities were: Salaries Rs. 2,000; Taxes Rs. 1,300; andDepreciate Building at 2% p.a.
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