Q2) Following is the Trial Balance of Yousaf Trading Company as on 31-12-2021. You are required to prepare Income Statement and Balance Sheet. Name of Account SR Purchases 23,190 Name of Account Sales Supplies expenses 200 Account payable Salaries expenses 500 Interest received Electricity charges 250 Bank loan Building 19,500 Capital Cash 1500 Telephone charges 100 Account receivable 1,000 Wages 310 Investments 2,000 Prepaid Rent 7,300 Advertisement expenses 650 Opening inventory 6,500 Total 63000 Total End period adjustments are as follow: The merchandise inventory as on 31-12-2021 was valued at SR 2,000. Interest unearned SR 50. Unexpired rent SR 1200. Interest on other investments earned but not received yet SR 700. Outstanding salaries SR 400. Depreciation 3% to be changed on Building. SR 33,000 3,190 300 5,000 21,510 63000