Final Accounts || Problem no 8

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 problem 5: https://youtu.be/_HkvkuJPZGI problem 6: https://youtu.be/NWAKf1HEzSI problem 7: https://youtu.be/UmrXZIP36TI Question: Problem no 8: Prepare final accounts from the following Trial Balance of Mamaji Trader's for the year ended 31.12.2018. Debit Balances Amount Credit Balances Amount Purchases 12,000 Capital 40,000 Cash at Bank 2,000 Returns 800 Cash in hand 1,000 Sales 18,000 Wages 3,000 Dividend 500 Returns 500 Discount 800 Carriage Inwards 700 Outstanding Rent 500 Legal expenses 1,200 Creditors 5,250 Opening Stock (1.1.18) 3,500 Investments 7,500 Trademarks 7,000 Bad Debts 1,000 Salaries 2,300 Carriage Outwards 700 Printing & Stationery 800 Drawings 2,000 Debtors 12,500 Discount 750 Insurance 1,400 Buildings 6,000 65,850 65,850 Adjustments: 1.Closing Stock (31-12-2018): 2,500. 2.Outstanding Stationery: 600. 3.Depreciation on Buildings: 10%. 4.Bad Debts 500 and Provision for Bad and Doubtful Debts 5%. 5.Prepaid Wages 500. 6.Interest on Drawings 6%.