2. The Balance Sheet of Thapar on 1 January, 2017 was as follows: Liabilities Amount Assets Rs. Amount Rs. Trade Payables 15,00,000 Plant & Machinery 30,00,000 Expenses Payable 1,50,000 Furniture & Fixtures 3,00,000 Capital 50,00,000 Trade Receivables 14,00,000 Cash at Bank 6,50,000 Inventories 13,00,000 66,50,000 66,50,000 During 2017, his Profit and Loss Account revealed a net profit of Rs. 15,30,000. This was after allowing for the following: (a) Interest on capital @ 6% p.a. (b) Depreciation on Plant and Machinery @ 10% and on Furniture and Fixtures @ 5%. (c) A provision for Doubtful Debts @ 5% of the trade receivables as at 31st December, 2017. But while preparing the Profit and Loss Account he had forgotten to provide for: (1) Outstanding expenses totaling Rs. 1,80,000 and (2) Prepaid insurance to the extent of Rs. 20,000. His current assets and liabilities on 31 December, 2017 were : Inventories Rs. 14,50,000; Trade Receivables Rs. 20,00,000; Cash at Bank Rs. 10,35,000 and Trade Payables Rs. 11,40,000. During the year he withdrew Rs. 6,00,000 for domestic use. Required: Draw up his Balance Sheet at the end of the year.