Pongol Limited. Prepare a Trading and Profit \& Loss Account and Appropriation Account for the year ended 31 March, 1992 and a Balance Sheet as at that date. Additional note: 1. Depreciation: The motor vehicle purchased during the year has an estimated life of 10 years and residual value of $500; Machinery Equipment @ the rate of 10% on the reduced balance. 2. Stock as @March 31st1992 was valued at $35,600 3. Accrued electricity not provided above amounts to $650 4. Rates are paid in advance by $400 5. The directors have proposed an ordinary dividend of 8% 6. Provide $2,000 corporation tax 7. Provide for the debenture interest 8. Provide for the 8% Preference dividend