(15 marks) 131" December 2019. Dr. Amount (Dhs) Cr. Amount (Dhs) 150,000 Q1. From the following information in Trial balance prepar formation in Trial balance prepare Profit and Loss Account and Balance Sheet of the company as on 31st December 2019. Particulars Capital 300,000 Purchases Purchase Returns 8,000 Sales 300,000 Sales Returns 15,000 Opening Stock 90,000 Cash in Hand 64,000 Salaries 30,000 General Expenses Discount received 20,000 Commission received 30,000 Drawings 5.000 Wages 10,000 Carriage on Purchases 4,000 Creditors 100,000 Debtors 140,000 Machinery 180,000 Furniture 50,000 Land and Building 200,000 Bank Loan 200,000 20,000 958,000 958,000 Closing Stock is 200,000 dhs