2 Answer the following compulsory question. 1-14-14 a. Examine the financial position of a sole proprietor business enterprise by Preparing Final Accounts from the following Trial Balance of Rohit Sharma, prepare Trading and Profit & Loss account for the year ended 31st March, 2021 and a Balance Sheet as on that date: 05 marks Debit Balances Dr. (Rs.) Cr. (Rs.) Opening stock 80,000 Purchases 190,000 Sales return 6,000 Carriage inwards 3,000 Carriage outwards 900 Wages 32,000 Salaries 37,500 Plant & Machinery 1,10,000 Furniture: 40,000 Sundry Debtors 62,000 Bills receivable 12,500 Cash in hand 19,300) Travelling expenses. 4,500 26C Partly sunny