9.96Final Accounts (With Adjustments)Cr.Plant and machineryManufacturing wagesSalariesFixtures and fittingsCarriage inwardsCarriage outwardsFreehold worksManufacturing expensesInsurance and taxesGoodwillGeneral expensesFactory fuel and powerSundry debtorsLighting factoryStable expenses for distributionStock 1st April, 2010Horses and cartsPurchasesSales returnsDiscountBad debtsInterest and bank chargesCash at bankCash in handAbdul Rahman's capital a/cSundry creditorsBank loanPurchases returnsReserve for bad & doubtful debtsSalesDr.₹19,72034,96515,9659,4801,9802,15025,0009,4554,17530,0008,1421,27678,1409862,47334,1705,16597,1653,1709281,4854757,540145upNP-Y RNP80,00054,16010,0001,1402,0002,46.8503.94,1503.94.150Adjustments :(1) Stock on 31st March, 2011 * 29,630.(ii) Depreciation-plant and machinery @ 10% fixtures and fitting @ 5% horses andcarts1000.(iii) Bring provision for bad and doubtful debts to 5%.(iv) Unexpired insurance 300 and taxes * 190.(v) A commission of 1% on the gross profit to be provided for works manager.(vi) A commission of 5% on net profit after charging the works manager's commissionto be credited to general manager.Hint: (i) Works manager's commission * 945.(ii) General manager's commission 2,643.[Ans. G.P. 94,453; N.P. 50,209; B/S) 1,97,957]88 u​