Q. From the following information in Trial balance prepare Trading, Profit and Loss Account and Balance Sheet of the company as on 31" December 2020. Particulars Dr. Amount (Dhs) Cr. Amount (Dhs) Capital 340,000 Purchases 220,000 Purchase Returns 10,000 Sales 310,000 Sales Returns 50,000 Opening Stock 90,000 Cash in Hand 65,000 Salaries 35,000 Rent 30,000 Commission received 20,000 Drawings 20,000 Wages 50,000 General Expenses 15,000 Creditors 145,000 Debtors 100,000 Machinery 65,000 Furniture 50,000 Land and Building 195,000 Bank Loan 160,000 985,000 985,000 Closing Stock is 280,000 dhs