Roshan Washing House is owned by Roshan. He keeps his books on single entry and provides you with the following information: 1 st January, 2025 (₹)…

Trading Account for the Year ending 31 December, 2025 Particulars Amount ₹ Particulars Amount ₹ Opening Stock 30,000 Sales: Purchases 80,000 Cash 1,92,000 Cartage 20,000 Credit 2,20,000 4,12,000 Gross Profit c/d 2,92,000 Stock at the end 10,000 4,22,000 4,22,000 Profit and Loss Account for the year ending 31 December, 2025 Particulars Amount Particulars Amount Sundry Expenses 1,60,000 Gross Profit b/d 2,92,000 Add Outstanding as on 31st Dec, 2025 10,000 Less: Outstanding as on 31st Dec, 2024 (6, 000) Less: Prepaid as on 31st Dec, 2025 (2, 000) 1,62,000 Provision for Bad Debts 7,000 Net Profit transferred to Capital Account 1,23,000 2,92,000 2,92,000 Balance Sheet as at 31 December, 2025 Liabilities Amount (₹) Amount (₹) Assets Amount (₹) Amount (₹) Capital account: Cash in hand 3,000 Balance on 1st Jan, 2025 1,25,000 Stock 10,000 Add: Net profit 1,23,000 Sundry Debtors 70,000 2,48,000 Less: Provision 7,000 63,000 Less: Drawings (₹ 1,20,000) 1,28,000 Prepaid Expenses 2,000 Outstanding Expenses 10,000 Furniture and Fittings 60,000 1,38,000 1,38,000 Balance Sheet as on 1st January, 2025 Liabilities ₹ Assets ₹ Sundry Creditors 20,000 Cash in hand 11,000 Outstanding Expenses 6,000 Sundry Debtors 60,000 Capital (Balancing Figure) 1,25,000 Stock 30,000 Furniture and Fitting 50,000 1,51,000 1,51,000 Total Debtors Account Particulars ₹ To balance b/d 60,000 By cash received from Debtors 2,10,000 To Credit Sales A/c (Balancing Figure) 2,20,000 Balance c/d 70,000 2,80,000 2,80,000 Total Creditors Account Particulars ₹ To Cash A/c 1,00,000 By Balance b/d 20,000 To balance c/d - By Purchase A/c (Balancing figure) 80,000 1,00,000 1,00,000 Cash and Bank Account Particulars ₹ To Balance b/d 11,000 By amount paid Sundry Creditors 1,00,000 To amount received from Sundry Debtors 2,10,000 By Drawings 1,20,000 To Cash Sales (Balancing Figure) 1,92,000 By Sundry Expenses 1,60,000 By Cartage 20,000 By Furniture 10,000 By Balance c/d 3,000 4,13,000 4,13,000