Final accounts || Problem no 3

Also watch the following videos: 1.Meaning of final accounts: https://www.youtube.com/watch?v=9olRkMQSTc8 2.About Trading a/c and Profit and loss a/c: https://www.youtube.com/watch?v=QMTSBg5Jh8A 3.About balance sheet: https://www.youtube.com/watch?v=ZH9AMVwW9uY 4.Adjustment meaning : https://www.youtube.com/watch?v=_XP1tVVIynQ 5.Bad debts: https://www.youtube.com/watch?v=iJ-Uksqjpog 6.Provision for reserve on doubtful debts: https://www.youtube.com/watch?v=ykgZM4PO-Gk problem no 1: https://youtu.be/DDqvygitvY8 problem no 2: https://youtu.be/nYR-hUXgJtU Problem no 3: From the following trial balance, prepare final accounts of Sachin Traders for the year ended 31-3-2019. Trial balance Debit Balances Amount Credit Balances Amount Cash 3,000 Bank overdraft 1,000 Purchases 5,000 Sales 9,000 Wages 1,000 Purchase returns 500 Opening stock 2,500 Capital 15,000 Salaries 1,000 Commission Received 1,200 Carriage on Purchases 500 Creditors 1,000 Furniture 2,000 Sales Returns 600 Rent 800 Machinery 5,000 Debtors 4,000 Discount 400 Bills Receivable 1,000 27,700 27.700 Adjustments: 1. Outstanding Salaries: R 500. 2. Closing Stock: R 4,500. 3. Prepaid Insurance: R 400. 4. Outstanding Wages: R 300. 5. Depreciation on Machinery: 10%.