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No.2 Saleem provided following Trial Balance on December 31, 2012 and adjustment data DEBIT 45,000 175.000 325.000 12.500 SI 6000 ITTILE OF ACCOUNT KASH AC RECEIVABLE OFFICE EQUIPMENT MARKETING EXPENSE PREAPID ADVERTISING OTHER EXPENSE OFFICE SUPPLIES EXPENSE INTEREST EXPENSE MDS INVENTORY BEGINNING PURCHASES TRANSPORTATION IN SALES RETURN SALARIES EXPENSE SALES REVENUE PURCHASES RETURN PURCHASES DISCOUNT INTEREST INCOME A/C PAYABLE CAPITAL-SALEEM SHORT-TERM LOAN BILL PAYABLE LONG-TERM LOAN TOTAL 3.500 16 27.500 275.000 22.00 12.00 65,000 S75.000 1800 4500 27.00 35.000 22.300 55.000 22.700 500 3.300 993,300 ADJUSTMENT DATA: 1. Mds. inventory ending Rs. 45,000 2. Depreciation on office equipment Rs.22.500 3. Bad debts expense 5% of Ae receivable 4. Tax rate is 2% applied Required: 1. Multiple step Income Statement showing EBIT and EAT 2. Balance Sheet classified form