From the following information, create income statement and balance sheet of Sriram ltd. on 31st March 2021

please explain if you exclude any point when making an account statement or balance sheet. I mean why do you not include any specific value?

From the following information, create income statement and balance sheet of Sriram ltd. on 31st March 2021 Madiuira minoination: - Closing stock was Rs. 16000 - Depreciate Plant \& Machine @10\% and Delivery vehicle @20\% - Unpaid rent amounted to Rs. 1000 - Provision for Bad debt is to be made at 10%