QUESTION 6: The following is the post-closing Trial Balance of Mr. Beck Traders TRIAL BALANCE DECEMBER 31,2020 Data for Adiustment: a) Merchandise inventory on December 31, 2020 was valued at Rs.3,000 b) Prepaid shop rent was Rs. 1,000 c) Office supplies unused Rs.500. d) Allowance for bad debts was Rs. 300 e) Outstanding salaries Rs.3,000 f) Depreciation on Sales Equipment was estimated at Rs. 1,500 REQUIRED: Prepare Income statement and balance sheet as on December31, 2020