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slove this question Following is the trial balance of Ali & Co. for the year ended on 31st December Debit Accounts Amount Credit Accounts Cash

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Following is the trial balance of Ali & Co. for the year ended on 31st December Debit Accounts Amount Credit Accounts Cash 9,700 Accounts Payable Account Receivable 22,300 Expenses payable Machinery 124,300 Capital Fuel Expenses 59,000 Sales revenue General Expenses 11,500 Commission Received Interest Paid 2000 Total 2,28,800 Total Amount 15,000 700 81,000 130,100 2,000 2.28,800 Prepare Income statement and Balance Sheet from the above data

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