From the following Ledger balances of Charan, prepare Trading and Profit and Loss Account for the year ended 31st March, 2019 and Balance Sheet as at that date after making the necessary adjustments: Particulars Rs. Particulars Rs. General Expenses 800 Purchases 82,000 Freight and Duty 2,000 Stock (1.4.2018) 15,000 Carriage Outwards 500 Plant and Machinery (1.4.2018) 20,000 Sundry Debtors 20,600 Plant and Machinery(additions on1.10.2018) 5,000 Furniture and Fixtures 5,000 Drawings 6,000 Returns Inward 2,000 Capital 80,000 Printing and Stationery 400 Provision for Doubtful Debts 800 Rent, Rates and Taxes 4,600 Rent for Premises Sublet 1,600 Sundry Creditors 10,000 Insurance Charges Sales 1,20,000 Salaries and Wages Returns Outward 1,000 Cash in Hand Postage and Courier 800 Cash at Bank 700 21,300 6,200 20,500 Adjustments: (i) Stock on 31st March, 2019 was Rs. 14,000. Provision for doubtful Debts is to be maintained @ 5%. (ii) Write off Rs. 600 as Bad Debts. (iii) (iv) (v) (vi) Provision for Depreciation on Furniture and Fixtures at 5% p.a. and on Plant and Machinery at 20% p.a. Insurance prepaid was Rs. 100. A fire occurred in the godown and stock of the value of Rs. 5,000 was destroyed. It was insured and the insurance company admitted full claim