3. From the following balances of David Tepper Ltd. Prepare the Trading and Profits and Loss a/c and Balance sheet as on 31/3/2019. Particulars Share Capital 1250000 Stock 50000 Sales 425000 Purchases 300000 Rent 6000 Furniture 17100 Profit & Loss a/c 6220 Advertising 3800 Bonus 10500 Debtors 38700 Creditors 60200 Bad debts 3200 Wages 70000 Insurance Paid up to 31/12/2019 6750 Salaries 18500 Cash & Bank balance 34700 Bills Payable 15700 General expenses 8950 Printing & Stationery 2400 Office expenses 4200 Plant & Machinery 180500 Petty cash 5000 Commission Received 3150 Expenses payable: Rent $.600, Wages $.5200, Salaries $1200, Closing stock on 31/3/2019 $91500. Depreciation on Plant & Machinery 15%, Furniture 10%