On 1st April 2018,the following were ledger balances of m/s RAM and co.,Delhi: cash in hand rs300;cash at Bank rs7000 ; bills payable rs1000 ;zahir (Dr) RS 8000;stock RS 4000; gobind(CR) rs2000 ; sharma(dr) rs1,500;rahul (cr) RS 9000 ; capital RS 9700 .
