Abstracts from the trial balance as on 31^st March, 2016:

Particulars	Debit Rs.
Sundry debtors	52,000
Bad debts	1,000

Adjustments:
(i) Additional bad debts Rs. 2,000
(ii) Create 5% provision for bad and doubtful debts
You are required to pass necessary adjusting entries and show how these items will appear in final accounts.

Abstracts from the trial balance as on 31st December, 2016:

Particulars	Debit Rs.	Credit Rs.
Sundry debtors	1,04,000
Bad debts	5,000
Provision for bad and doubtful debts		2,000

Adjustments:
(i) Additional bad debts amounted to Rs. 4,000.
(ii) Create a provision for bad and doubtful debts @ 5% on sundry debtors.
Pass necessary adjusting entries and show how the different items appear in final accounts.

Prepare trading account from the following ledger balances presented by P. Sen as on 31st March 2016.

Particulars	Rs.	Particulars	Rs.
Stock (1-4-2015)	10,000	Sales	3,00,000
Purchases	1,60,000	Returns inward	16,000
Wages	30,000	Returns outward	10,000
Carriage inwards	10,000	Gas and Fuel	8,000
Freight inwards	8,000

Additional information:
(a) Stock on 31st March, 2016 Rs. 20,000
(b) Outstanding wages amounted to Rs. 4,000
(c) Gas and fuel was paid in advance for Rs. 1,000.

From the following balances as on 31st December, 2017, prepare profit and loss account.

Particulars	Rs	Particulars	Rs
Gross profit	50,000	Rent received	2,000
Salaries	18,000	Discount received	3,000
Office rent paid	12,000	Carriage outwards	2,500
Advertisement	8,000	Fire insurance premium	6,500

Adjustments:
(a) Rent accrued but not yet received Rs. 500
(b) Fire insurance premium prepaid to the extent of Rs. 1,500
(c) Provide manager’s commission at 10% on profits before charging such commission.

The following balances were extracted from the books of Thomas as on 31^st March, 2018

Particulars	Rs.	Particulars	Rs.
Purchases	75,000	Capital	60,000
Returns inward	2,000	Creditors	30,000
Opening stock	10,000	Sales	1,20,000
Freight inwards	4,000	Returns outward	1,000
Wages	2,000
Investments	10,000
Bank charges	1,000
Land	30,000
Machinery	30,000
Building	25,000
Cash at bank	18,000
Cash in hand	4,000
	2,11,000		2,11,000

Additional information:
(a) Closing stock Rs. 9,000
(b) Provide depreciation @ 10% on machinery
(c) Interest accrued on investment Rs. 2,000
Prepare trading account, profit and loss account and balance sheet.