Please be kind enough to show your workings

The following balances were extracted from the a company on 30th December 2018. prepare the following. i. Profit and Loss account for the year ended 31 December 2018. ii. Balance sheet as at that date. Notes: * salaries and rent accrued but not paid RS.820,000.00 and RS.150,000.00 respectively. *Insurance paid in advance is Rs.40,000.00 * Maintain the reserve for doubtful debts at Rs.300,000.00 *Depreciation on Motor van to be made at 10% * Closing stock on 31st December 2018 was valued Rs. 5,040,000.00 Balances as at 31st December 2018. Debit Credit (Rs'000) (Rs'000) Capital 19,400 Purchases 41,400 Sales 55,140 Trade debtors 7250 Trade creditors 3,860 Stock on 15 January 2018 4,120 Purchase returns 100 Balances at bank 3,920 Drawings 4,600 Motor van expenses 510 Motor van 6,250 Rent and rates 750 Salaries 8,120 Reserve for doubtful debts 250 Bad debts 230 General expenses 1,120 Discount allowed 1,050 Discount received 930 Insurance Sales return 240 120 79,680 79,680