From the following particulars furnished by Alpha Ltd$.,$ Prepare Profit & Loss statement and Balance sheet as on $31$st March $2021$ according to Companies Act, $2013.$

SECTION $-$ B $($Compulsory$)$

From the following particulars furnished by Alpha Ltd$.,$ Prepare Profit & Loss statement and Balance sheet as on ${31}^{st}$ March $2021$ according to Companies Act,$2013.$

$\backslash$table$[[$Particulars$,\backslash$table$[[$Debit$],[$Amount$]],\backslash$table$[[$Credit$],[$Amount$]]],[$Buildings$,580000,],[$Machinery$,200000,],[$Opening stock,$180000,],[$Equipment$,46000,],[$Purchases$,420000,],[$Salaries$,120000,],[$Directors fee,$20000,],[$Rent$,52000,],[$Depreciation$,40000,],[$Bad debts,$12000,],[$Investment$,244000,],[$Interest on Debentures,$56000,],[$Debtors$,250000,],[$Sundry Expenses,$36000,],[$Bank balance,,$],[$Sales$,180000,],[$Equity share capital,,$1040000],[$General reserve,,$],[$Profit and Loss account,,$410000],[$Creditors$,,50000],[14\%$ debentures,,$],[$Rent Received,,$],[$Bank loan,,$]]$

Additional Information: Closing stock is valued at Rs$.340000.$