A Firm has two departments, Rubber and Tubeless tyres. The Tyres were made by the firm itself out of Rubber supplied by the rubber department at its selling price. From the following figures, prepare departmental trading and profit and loss Account and General profit & loss account for the year ending 31st December 2020. Particulars Rubber department Tubeless tyres department Opening Stock as on 01/01/2020 Purchases Sales Manufacturing Expenses Selling Expenses Stock as on 31/12/2020 3,00,000 20,00,000 22,00,000 - 20,000 2,00,000 50,000 15,000 4,50,000 60,000 6,000 60,000 Besides, there were certain other expenses incurred during the year the details of the same are shared below : Bad debts : Rs. 53,000. Rent and rates : Rs. 21,000 Lighting: Rs. 24,000 General Expenses : Rs. 1,10,000. Area Occupied by the two departments is in the Ratio 2:1. General expenses are to be divided in the ratio 5:3. Goods worth Rs. 3,00,000 were transferred from the Rubber department to the Tubeless tyres Department at its selling Price. The stocks in tubeless tyres department may be considered as consisting of 75% rubber and 25% other expenses. The rubber department earned a gross profit at the rate of 15% in 2019