Following are the balances extracted from the books Naraina on 31st March, 2019: Additional
Channel: Doubtnut
Date: 2020-03-29

Following are the balances extracted from the books Naraina on 31st March, 2019: Additional Information : (i) Closing Stock at cost as on 31st March, 2019 was Rs 2,00,600, whereas its Net Realisable Value (Market value) was Rs 2,05,000. (ii) Depreciate : Business Premises by Rs 3,000 and Furniture and Fittings by Rs 2,500. (iii) Make a provision of `5%` on debtors for doubtful debts. (iv) Carry forward Rs 2,000 for unexpeired insurance. (v) Outstanding salary was Rs 15,000.