Q2 ABC Pvt. Ltd. Has furnished its Profit and Loss Account for the ended 31st March, 2019 and also given a statement showing reconciliation between the profit per financial records and cost records. Profit and Loss Account is given below: Amount $ 17,80,000 99,000 58,000 80,000 PROFIT AND LOSS ACCOUNT for the year ended 31st March, 2019 Amount Particulars $ Particulars To Opening Stock By Sales Raw Materials 95,500 By Closing Stock: W.I.P. 45,000 Raw Materials Finished Goods 78,000 W.I.P. To Purchases 6,42,000 Finished Goods To Direct Wages 2,22,000 By Dividend received To Factory Overheads 2,45,000 on Shares To Administrative Expenses 1,98,500 To Selling Expenses 3,42,000 To Goodwill written off 80,000 To Interest on Loans 50,000 To Legal Charges 42,000 To Net Profit 1,42,000 21,82,000 1,65,000 21,82,000 Reconciliation Statement as at 31st March, 2019 given bellow: Amount Amount $ $ Profit as per Financial Records 1,42,00 Add: Raw Material-Closing Stock 1,500 W.I.P.-Opening Stock Finished Goods-Opening Stock 3,000 Finished Goods-Closing Stock 1,000 Goodwill Written off 80,000 Interest on Loans 50,000 Legal Charges 42,000 1,79,500 3,21,500 Less : Raw Materials-Opening Stock 2,500 W.I.P.-Closing Stock 3,500 Dividend received on Shares 1,65,000 1,71,000 Profit as per Cost Records 1,50,500 You are required to draw up the following accounts in the Cost Ledger of ABC Pvt. Ltd: (i) Material Control Account, W.I.P Control Account, (iii) Finished Goods Control Account, (iv) Cost of Sales Account, (v) Costing profit and Loss Account