The following balances have been taken from the books of Kashish Hotels Ltd as on March 31, 2010 (Rupees in crore):

Additional Information (rupees in crore):

(1) Closing stock (wines 1,000; spirits 350; beer 175; cigar & cigarette 75; provisions 490;) = 2,090.

(2) Insurance premium ₹200 is prepaid and salary outstanding is ₹300.

(3) Make provision for discount to visitors @ 2%.

(4) Manager is to be provided 10% commission on net profit before tax but after charging such commission.

(5) Write off preliminary expenses by 20%.

(6) Authorized capital of the company is 10,000 crore shares of ₹10 each, out of which issued and subscribed capital is 5,800 shares as fully called. Calls in arrears is on ₹405 crore shares @ ₹1 each.

(7) Make provision for tax ₹ 4,300 crore and transfer ₹ 2,700 crore to general reserve.

Prepare final account for the year ending March 31, 2010.

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Dr. Particulars Preliminary expenses Freehold premises Furniture and Fittings Glass and Jars Linen Cutlery Rent, rates and insurance Trial Balance as on March 31, 2010 Amount (3) 3,500 46,500 9,000 1,000 800 400 Salaries Wages Opening stock (wines 1,200; spirits 400; beer 150; minerals 150; cigar and cigarette 100; provisions 180; coal 120) = 2,300 Coal and gas & electricity Depreciation (premises 300; furniture and fittings 700; glass and jars 600; linen 400; cutlery 200) = 2,200 Purchase (wines 1,800; spirits 2,100; beer 1,100; minerals 1,000; cigar and cigarette 200; provisions 4,000; meat 3,600; fish and poultry 5,200) = 19,000 2,600 4,400 1,700 2,300 2,100 2,200 19,000 Sales Wines Spirits Beer Particulars Minerals Cigar & cigarette Meals Rooms Sundry creditors Share capital Profit and loss account Other income Amount (3) 3,900 4,600 1,900 2,200 400 Cr. 24,000 10,000 3,400 57,595 1,655 2,500