13. From the following Trail Balance prepare a Trading, Profit and Loss Account and Balance Sheet after taking into account the adjustments given here under. 1. Stock as on 31/12/2016 was valued at Rs 18,400. 2. Write further bad debts Rs 300 and provision for doubtful debts at 5% on deb tors. 3. Outstanding expenses were Rent Rs 200 and salaries Rs 500. 4. Unexpired insurance amounted to Rs 400. 5. Depreciate plant and machinery by 5% and furniture and fittings by 10% Trail balance as at 31/12/2016. Name of the Accounts Drawings and Capital 10% investments Interest on Investment Opening Stock Purchases and Sales Carriage Return Inwards Sundry Debtors and Creditors B/R and B/P Salaries - 110- Debit (Rs) 9,000 10,000 14,000 65,000 1,400 1,500 10,300 5,000 7,000 Credit (Rs) 40,000 900 96,500 8,000 6,600