3 The following balances ding and profected from the trial of M/s Runway Shine Ltd. Prepare a trading and profit and loss account and a balance sheet as on March 31, 2017. Account Title Purchases Opening stock Return inwards Carriage inwards Cash in hand Cash at bank Wages. Printing and Stationery Discount Bad debts Insurance Investment Debtors Bills receivable Postage and Telegraph Commission Interest Repair Lighting Charges. Telephone charges Carriage outward Motor car Adjustments Amount 1,50.000 50,000 2.000 4.500 77,800 60,800 2.400 4,500 400 1.500 2,500 32,000 53,000 20,000 Account Title 400 200 LODG Sales Return outwards Interest received 440 500 Discount received Creditors Bill payable Capital 100 400 25,000 4.89,440 413 Amount 2.50,000 4.500 3,500 400 1.25.000 6,040 1,00,000 4.89,440 1. Further bad debts 1,000, Discount on debtors 500 and make a provision on debtors @ 5%. av 2. on investment 3. Wages and interest outstanding 100 and 200 respectely, 12.00 33600 4. Depreciation c