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. \begin{tabular}{|l|l|l|l|} \hline Name of Account & SR & Name of Account & SR \\ \hline Purchases & 23,190 & Sales & 33,000 \\ Supplies expenses & 200 & Account payable & 3,190 \\ Salaries expenses & 500 & Interest received & 300 \\ Electricity charges & 250 & Bank loan & 5,000 \\ Building & 19,500 & Capital & 21,510 \\ 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 & \\ \hline \end{tabular} 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