Final accounts || Problem no 5

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: https://youtu.be/SX8svFT-8zk problem no 4: https://youtu.be/vWrGoaPLv4Y 5.From the following particulars of Anasuya traders, prepare final accounts for the year ended 31.12.2018. Trial balance as on 31.12.2018 Debit Balances Amount Credit Balances Amount Wages 5,000 Bills Payable 20,000 Factory Rent 2,000 Creditors 8,500 Audit Charges 1,500 Capital 62,000 Machinery 20,000 Commission 7,500 Cash 14,500 Sales 1,28,000 Debtors 32,000 Return Outwards 2,000 Opening Stock 12,000 Interest Received 4,300 Furniture 36,000 Outstanding Salaries 2,500 Purchases 90,000 Carriage Inwards 2,000 Salaries 12,500 Office Rent 5,000 Advertisement 1,300 Rent paid in Advance 1,000 2,34.800 2,34,800 Adjustments 1.Closing Stock: « 15,500. 2.Interest on Capital : 6%. 3.Write off : 7 2,000 as Bad Debts and provide 5% Reserve for Doubtful Debts. 4.Outstanding Wages : 1,000. 5.Depreciation on Furniture : 10%.