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a “400 «. _ boy. Fin Sel, Wh ‘8 C apital 1,82,000 Sundry Debto; sa, ope! wet Profit 171,400 Less : Bad D G re, he 3,53,400 ie T3e000, f ae 2, i: fresh Capital Fee | Less : Provision for ia, Wi 5,53,400 D, ings 1,20,000 tite 300, e:pnvite “SOD A830) reg 0.000, pe 7 ‘, Ser Preciation 6,000 | 54,000, €ceivable 28,0, Machinery 1,00,000 Ka, | Less : Depreciation 10,000 90,000, Investments ; 80,000, me ace Prepaid Insurance "700, 4,87,800| 4,87,800, eee 4,87,800, , , , , , iiySTRATION 12., , ran Kumar keeps ine, pawan Kumat p Omplete rec : ; ,, vat Ist April, 2016 was as follows : ords. The Statement of Affairs of his business, , , , , , Liabilities ae 7 , I 1, , : : i, Creditors 5,000) Cash in Hand 400, Capital 70,000) Cash at Bank 1,600, Debtors 17,000, Stock 20,000, Furniture 6,000, Plant and Machinery 30,000, 5,000 75,000, , , , , , , , , , His position on 31st March, 2017 was :— Cash in hand 1,000; Cash at Bank, 42,000; BR %4,000; Debtors €21,000; Stock %32,000; Furniture ¥8,000; Plant and, Machinery 40,000 and Creditors $18,000., , He withdrew during the year 30,000, out of which he spent %18,000 for, purchasing a scooter for the business., , _ Calculate his net profit for the year after the following adjustments and prepare a, ‘tal Statement of Affairs as at 31st March, 2017 :, , (l) Depreciate furniture and scooter @ 20%,, , (2)5% of the debtors are doubtful and €800 are absolutely bad,, , 8) Make a provision of 5% on Bills Receivable also.