From the following Trial Balance of the People's Education Society as at Mar 31, 2009, prepare an Income and Expenditure Account for the year ending at Mar 31, 2009, and a Balance Sheet on that date: Particulars Rs Particulars Rs Buildings 1,90,000 Scholarship fund investment 50,000 Furniture and Fixtures 52,500 Capital Fund 4,60,000 Additions to Furniture and Fixtures 10,000 Donations received towards Capital Fund 42,500 Vehicles 40.000 Entrance Fees 10,000 Additions to Vehicles 10,000 Course Fees 2,40,000 8,000 Examination Fees Sundry Debtors Sundry Creditors 115.000 5,000 Ruts received from letting of auditorium Salaries 47,500 Investments 2.50,000 220,000 Interest received on Investments 30.000 Printinn and Station Sundry Creditors 5,000 Ruts received from letting of auditorium Salaries 47,500 Investments 2,50,000 2,20,000 Interest received on Investments 30,000 Printing and Stationery 30,000 Interest received on Scholarship 6,000 Scholarships awarded 5,000 Fund Investment Other Expenses 50,000 Scholarship Fund resave 44,000 Cash at Bank 4,500 Government Grant received 20,000 Additional Information 1. Depreciation is to be provided at 5% on buildings, 10% on furniture and fixtures, and 90% on vehicles. 2. Additional rent received in advance amounts to Rs 7,500 while there is an amount of Rs 10,000 outstanding under this head. 3. One month's salary is outstanding. From the following Trial Balance of the People's Education Society as at Mar 31, 2009, prepare an Income and Expenditure Account for the year ending at Mar 31, 2009, and a Balance Sheet on that date: Particulars Rs Particulars Rs Buildings 1,90,000 Scholarship fund investment 50,000 Furniture and Fixtures 52,500 Capital Fund 4,60,000 Additions to Furniture and Fixtures 10,000 Donations received towards Capital Fund 42,500 Vehicles 40.000 Entrance Fees 10,000 Additions to Vehicles 10,000 Course Fees 2,40,000 8,000 Examination Fees Sundry Debtors Sundry Creditors 115.000 5,000 Ruts received from letting of auditorium Salaries 47,500 Investments 2.50,000 220,000 Interest received on Investments 30.000 Printinn and Station Sundry Creditors 5,000 Ruts received from letting of auditorium Salaries 47,500 Investments 2,50,000 2,20,000 Interest received on Investments 30,000 Printing and Stationery 30,000 Interest received on Scholarship 6,000 Scholarships awarded 5,000 Fund Investment Other Expenses 50,000 Scholarship Fund resave 44,000 Cash at Bank 4,500 Government Grant received 20,000 Additional Information 1. Depreciation is to be provided at 5% on buildings, 10% on furniture and fixtures, and 90% on vehicles. 2. Additional rent received in advance amounts to Rs 7,500 while there is an amount of Rs 10,000 outstanding under this head. 3. One month's salary is outstanding