M/S S.R. Ltd maintains integrated accounts of cost and financial accounts. From the following details, write up control accounts in the general ledger of the factory and prepare a trial balance:

Share capital

1,50,000

Reserve

1,00,000

Sundry creditors

2,50,000

Plant and machinery

2,87,500

Sundry debtors

1,00,000

Closing stock

75,000

Cash and bank balance

37,500

Transactions during the year were as follows:

Stores purchased

5,00,000

Stores issued to production

5,25,000

Stores in hand

47,500

Direct wages incurred

3,25,000

Direct wages charged to production

3,00,000

Manufacturing expenses incurred

1,50,000

Manufacturing expenses charged to production

1,37,500

Selling and distributing expenses

50,000

Finished stock production (at cost)

9,00,000

Sales at selling price

11,00,000

Closing stock

47,500

Payment to creditors

5,50,000

Receipts from Debtors

10,50,000