From the following balances extracted from the book of Alfa traders as on 31st March 2016, what is the final accounts of the concern.
The following adjustments are to be made:
a. Closing Stock Rs.50600
b. Rent due but not paid upto 31st March 2016 Rs.500
c. Advertisement paid in advance Rs. 2000
d. Depreciate plant & machinery by 10%, furniture by 5% .
e. Write off further bad debts Rs.500
Did anyone get answer to this question?
Chirag P Shah & Co. Chartered Accountant
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B.Com
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