6. The following balances are drawn from the books of M/S Arvind Mills as on 31-03-2017. Account Land Building Sales Return Purchase Return Bank Overdraft Creditors Wages General Expenses Bad Debts Capital Amount 1,00,000 Sales 2,00,000 Purchase Account 10,000 Stock (1-4-2016) 5,000 Debtors 15,000 Cash in hand 20,000 Salaries 12,000 Good will 5,000 Selling expenses 1,000 Insurance 2,81,000 Additional information: a) Closing stock is Rs 30,000 b) Provides for depreciation @ 10% on building. c) Write off further bad debts Rs 1,000. d) Salaries yet to be paid Rs 3,000. Amount 3,,00,000 1,75,000 -- 25,000 50,000 5,000 10,000 15,000 12,000 1,000 You are required to prepare a trading and profit and loss account and balance sheet of Ms. Arvind Mill