4. From the following Trial Balance of NS Ltd for the year ended 31st March 2022,...

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4. From the following Trial Balance of NS Ltd for the year ended 31st March 2022, prepare the Income Statement and Balance Sheet. Particulars Amt Amt Machinery 12,000 Building 11,21,000 Motor Vehicles 2,30,000 Debtors 5,300 Opening inventory 8,400 Purchases 70,000 Sales returns 800 Electricity charges 24,000 Wages and salaries 2,800 Carriage inwards 5,000 Carriage outwards 4,000 General expenses 15,200 Insurance and taxes 9,200 Printing expenses 1,350 Cash in hand 2,800 Capital 6,40,000 Creditors 18,900 Sales 2,70,900 Purchase Returns 2,200 Bank Overdraft 54,850 Long term loan 5,25,000 Adjustments: Closing Inventory - Rs 8,700 Outstanding Printing Expenses - Rs 64,000 Depreciation on machinery - 10% Taxes due - Rs 500 Advance wages paid to employee - Rs 100 4. From the following Trial Balance of NS Ltd for the year ended 31st March 2022, prepare the Income Statement and Balance Sheet. Particulars Amt Amt Machinery 12,000 Building 11,21,000 Motor Vehicles 2,30,000 Debtors 5,300 Opening inventory 8,400 Purchases 70,000 Sales returns 800 Electricity charges 24,000 Wages and salaries 2,800 Carriage inwards 5,000 Carriage outwards 4,000 General expenses 15,200 Insurance and taxes 9,200 Printing expenses 1,350 Cash in hand 2,800 Capital 6,40,000 Creditors 18,900 Sales 2,70,900 Purchase Returns 2,200 Bank Overdraft 54,850 Long term loan 5,25,000 Adjustments: Closing Inventory - Rs 8,700 Outstanding Printing Expenses - Rs 64,000 Depreciation on machinery - 10% Taxes due - Rs 500 Advance wages paid to employee - Rs 100