Ahmed and Rashed are in partnership firm sharing profits and losses equally. you are required to prepare the following after taking into account the additional information. 2. Adjusting Entries (2.5 marks) b. Income Statement for the year ended March 31, 2019 (2.5) Profit and Loss Appropriation Account (3.0) a. Partners' Capital Accounts (2.5) e Balance Sheet (2.5) Trial Balance as of March 31, 2019 Debit Amt. Credit Amt. 1,20,000 90,000 Particulars Partner's Capital A/C Almed Rashed Purchases and Sales Sundry Debtors and Creditors Bills Receivable and Bills Payable Discount Opening stock Vages and Salaries Tiscellaneous Expenses nsurance Building Plant and Machinery Advertisement Salaries and Wages Varehouse Rent emport duty Cash in hand and 2,20,000 45.000 55.000 4,000 25.000 23,000 9,000 4,30,000 35,000 50,000 3,500 5,000 1.30.000 75.000 10,000 45,000 6,000 11.500 5.000 60.000 7,28,500 7.28,500 Ahmed and Rashed are in partnership firm sharing profits and losses equally. you are required to prepare the following after taking into account the additional information. 2. Adjusting Entries (2.5 marks) b. Income Statement for the year ended March 31, 2019 (2.5) Profit and Loss Appropriation Account (3.0) a. Partners' Capital Accounts (2.5) e Balance Sheet (2.5) Trial Balance as of March 31, 2019 Debit Amt. Credit Amt. 1,20,000 90,000 Particulars Partner's Capital A/C Almed Rashed Purchases and Sales Sundry Debtors and Creditors Bills Receivable and Bills Payable Discount Opening stock Vages and Salaries Tiscellaneous Expenses nsurance Building Plant and Machinery Advertisement Salaries and Wages Varehouse Rent emport duty Cash in hand and 2,20,000 45.000 55.000 4,000 25.000 23,000 9,000 4,30,000 35,000 50,000 3,500 5,000 1.30.000 75.000 10,000 45,000 6,000 11.500 5.000 60.000 7,28,500 7.28,500