Task 1- You is required to prepare trading and profit and loss account

A and B are partners Sharing profit and loss in the proportion of 3/5 and 2/5 respectively. The following trial balance was extracted from their books on 31 stmarch 2022 Additional information: a. The value of stock on 31st march 2022 was 12,500 b. Write off Ro. 250 for office furniture, 10% from plant and machinery and 20% from motor vans. c. Provide 5% on the sundry debtors for doubtful debts d. Write off 1/5 of adverting expenses e. Partners are entitled to interest on capital and drawings at 5% per annum and B is entitled to a salary of Ro. 1,800 per annum.in case of drawings interest is to be charged for full year