Q.No.4. (Marks 4) The following particulars relates to a contract undertaken by Ali Developers Engineers Material sent to site Rs. 85,349; Labor engaged on site Rs. use your arid no last 4 digits(4361) and multiply by 10; Plant installed at cost Rs.150,00; Direct expenditures Rs. 3,167; Establishment charges Rs. 4,126, Material returned to store Rs. 549; Work certified Rs. 195,000; Cost of work not certified Rs. 4,500; Material in hand at the end of year Rs. 1,883; Wages accrued at the end of year Rs. 240;Direct expenses accrued at the end of year Rs. 240; Value of the plant at the end of year Rs. 11,000. The contract price has been agreed at Rs. 250,000; Cash received from contractee was Rs. 180,000. Require: Prepare Contract Account; Contractee Account and work in Progress Account