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Please answer this accounting question. I have a very important exam and no matter how many times I try my balance sheet doesnt tally, and

Please answer this accounting question. I have a very important exam and no matter how many times I try my balance sheet doesnt tally, and the profit and loss also seems wrong. PLEASE EXPAND on everything, how did you arrive at the cash total for current assets? in the previous answers there was a cash total, i can't figure out how it was a total of 3,07,000 as i am not getting that sum. Please i beg expand on everything, it is a very important exam. Paras Modi, an innovator, created a working model of a new and improved commercial paint spray, which he had patented. The patent had a legal life of 10 years. Modi was eager to exploit his patent commercially. He started Paras Industries to produce paint spray on 1 April 2021 by investing INR 500,000 in capital out of which INR 300,000 has been contributed as cash and for the remaining capital he transferred his patent to the newly incorporated firm. On April 6,2021, he applied for a bank loan of INR 200,000 from ICICI Bank and his loan was approved and received on April 20,2021. At the same time, he took one old building on a 5-year rental contract. As per the contract, five-year rent of INR 50,000 was to be paid upfront. After five years contract would be renewed. The agreed rent amount of INR 50,000 was paid in cash on April 2,2021. In order to establish its first plant, he purchased equipment of INR 100,000 from Universal Machinery on a credit basis. An amount of INR 10,000 was paid in cash for the installation of the equipment. Subsequently, he purchased chemicals and other raw materials costing INR 150,000 from the newly explored suppliers in Ahmedabad for cash. He also purchased office supplies for INR 8,000 for cash on April 15,2021. He hired production managers on 1 May on a monthly salary of INR 5,000 to be paid on the last day of every month. On the same day, he also hired two helpers on a monthly salary of INR 2,000 each. On June 1,2021, he took a short-term bank loan of INR 20,000 for working capital needs. The short-term loan was repaid on 31 September 2021 with an interest amount of INR 5,000. In July Paras Modi got his first order of paint spray for INR 450,000. He delivered the order in the month of August to Apex Company and received the cash in return. Paras Modi got his second order for supplying paint spray to Samagam Builder on 15 February 2022 for INR 100,000. He delivered the order on 10 March 2022 and provided a credit period of 45 days to the customer.
Following is the additional information available for his business during the year ending 31 March 2022:
Equipment was depreciated at the rate of 10% per annum on a written-down value basis.
Amortization on the Patent was INR 20,000 for the year.
Inventory of chemicals and other raw materials was INR 5,000 on 31 March 2022.
Advertisement expenses incurred for marketing and promotion were INR 10,000 for the year.
Tax applicable to the business is 30% of net profit.
Modi paid an advance salary of INR 5,000 for the month of April 2022 to the production manager on 31 March 2022.
Telephone expenses paid INR 3,000 for the year.
General, and administration costs, totalled INR 9,450 paid for the year.
Inventory of office supplies was INR 3,000 on March 31,2022.
On March 20,2022, Paras Modi had withdrawn INR 1,000 from the business for his personal use.
Required:
A. You are required to prepare the statement of profit and loss of Paras Industries for the year ending 31 March 2022.
B. You are required to prepare the Balance Sheet of Paras Industries as on 31 March 2022.

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