The following is the trial balance of West Coast Ltd., prepare the Balance Sheet of the company as of 31st March 2021.

Trial Balance as of 31st March 2021

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Debit $ Credit $

Advances to employees 300,000 Equity Share Capital 5,200,000

Cash at Bank 314,320 Capital Reserve 60,000

Furniture & Fixture 750,000 Loan from SBI 800,000

Premises 4,109,940 Provision for Empl. Welfare Fund 600,000

Patents 1,000,000 Proposed Dividend 164,000

Discount on issue of Shares (unwritten off) 25,000 Short-term loan from bank 490,200

Trade Receivables 366,240 Unpaid dividend 64,800

Advance Tax 50,000 Profit & Loss A/c 42,980

8% Govt. Bonds 336,000 Bills Payable 85,100

Stock in trade 355,600 Sundry Creditors 100,020

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7,607,100 7,607,100