Particulars Dr$.()$ Cr$.()$ Opening Stock $60,000$ Purchases $2,00,000$ Sales $3,60,000$ Returns $10,0008,000$ Wages $40,000$ Carriage Inward $3,000$ Carriage Outward $1,800$ Discount $2,4002,000$ Salaries $5,200$ Rent $3,300$ Commission $2,400$ General Expenses including Insurance $11,000$ Interim Dividend Paid $19,80010\%$ Debentures $1,00,000$ Interest paid on debentures $5,000$ Share Issue Expense $14,400$ t $^(+)$ Trade Receivables and Payable $1,00,00040,600$

Adjustments:

$1.$ Closing Inventory valued at $80,000.$

$2.$ Provide $5\%$ on Trade Receivables for doubtful debts and also provide for $2\%$ for discount on Trade Receivables and Trade Payables.

$3.$ One month rent @ $3,600$ p$.$a was due on $31$st March, $2023.$

$4.$ Insurance was paid on $1$st October, $2022$ to run for one year $4,000.$

$5.$ Write off $1/3$rd of Share Issue Expense.