Mrs. Meena of Bilaspur has not kept proper books of accounts, following information is provided to you.

Mrs. Meena of Bilaspur has not kept proper books of accounts, following information is provided to you.

Particulars
31.3.2012
Amount
(Rs.)
31.3.2013
Amount
(Rs.)
Machinery
50000
50000
Furniture
50000
30000
Debtors
18000
25000
Creditors
18000
20000
Stock
30000
42000
Outstanding Expenses
1500
-
Pre-paid Expenses

500
Cash at Bank
28000
40000

Further Information:

(1) Mrs. Meena Introduced additional capital as on 1st October, 2012 by selling her personal car of Rs. 10,000.

(2) She paid her daughter's college fees from business bank account Rs. 3,000.

(3) Depreciate Machinery by 5% p.a.

(4) Provide 2% on debtors for Bad and Doubtful debts.

(5) Interest on capital is to be provided @ 5% p.a. and on drawings @ 5% p.a.

Prepare : Opening and closing statements of affairs and statement of profit or loss for the year ended 31st March 2013. 
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