From the following taken out from the books of Suresh & co. You are required to prepare Trading and Profit& Loss account and Balance Sheet as at 31.12.2019. Particulars Dr. Rs. Sundry Debtors Accounts payable Cash at bank Furniture Motor Car Purchases Sales Salaries & Wages Opening Stock General Expenses Insurance premium Machinery Carriage inward Carriage outwards Owner Equity Drawing 52,000 8,592 3,500 24,508 1,45,000 32,020 11,400 9880 2,400 24,000 6,470 1,630 8,000 3,29,400 Adjustments: i) Closing stock Rs 35,000 ii) Provision for double debts at 5% on Sundry debtors. iii) Depreciation on Furniture, Motor Car and Machinery at 10% Cr.Rs. 20000 289400 20000 329400