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 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. A of Lahore consigned (Use your arid no last 4 digits) radio sets costing Rs. 1,00 each to B of Sialkot on 1 March 2001. The expenses on consignment were freight Rs. 5,000, insurance Rs. 2,500, and carriage Rs. 500. B received the delivery of 95% radio sets. An account sale dated 30th June 2001 showed that 75% sets were sold for Rs. 750,000 and B incurred Its. 2,350 for carriage; Its. 6,000 for godown rent. B was entitled to a commission of 6% on sales. B incurred expenses amounting to Rs. 2,800 for repairing the damaged radio sets remaining in stock Mr. A lodged a claim with insurance company which was admitted at Its. 22,500. Pass journal entries in both books and also make necessary accounts in both books