Question 2 (10 Marks) From the information given below for Riya& Luc enterprises, prepare Trading and Profit and Loss Account for the year ending 31st December, 2020 from following information: Stock (1-1-2020) Purchases Wages Carriage inwards Purchases returns Export duty Sales Coal & coke Sales returns Printing & stationery Stock (31-12-2020) 200,000 255.000 100.000 5.000 13,250 9,000 575.000 25,000 10.000 2,250 300,000 Salaries Rent, rates & taxes Depreciation Repairs Discount allowed Bad debts Advertisement Gas & water Factory lighting General expenses 30.000 12,000 3,020 6,000 12,505 9,000 2.500 1,500 2.500 4,000