Following is the Trial Balance of Priya on 31-3-2021. Prepare Trading Account, Profit and Loss Account and Balance sheet. Name of Accounts Capital Debtors and creditors Sales Drawing Cash in hand Cash at bank Wages Purchase Opening stock Business premises Bills receivable Office telephone expenses General expenses Goodwill Debit Balances Adjustments: 1. Value of closing stock was 25,000. 2. Interest on capital at 6% per annum is to be provided. 3. Interest on drawing at 5% per annum is to be provided. 4. Write off bad debts amounting to 2000. 5. Create provision for bad debts on sundry debtors @10%. 22,000 2,000 8,200 30,000 2,500 10,000 30,000 60,000 14,500 3,500 9,000 10,500 2,02,200 Credit Balances 1,20,000 22,500 59,700 2,02,200