Question-6 From the following trial balance of Sri. R. Rajan. Prepare trading and profit and loss account for the year ended 31" march-2019 and balance sheet as at that date after taking into account the adjustment given below. [12] Particular Dr. Cr. Rs. Capital 2,90,000 Rs. Drawings 7.600 Purchase 89.000 Sales 1,50,000 Sales return 2800 Purchase return 4,500 Stock on 1" April 2018 12000 Wages 8000 Building 2,20,000 Freight and carriage 20,000 Trade expenses 2000 Advertisement 2,400 Interest 3500 Taxes and insurance 1.300 Debtors 65,000 Creditors 12,000 Bills receivable 15,000 Bills payable 7,000 Cash at bank 12,000 Cash in hand 1,900 Salaries 8000 Total 4,67,000 4,67,000 Adjustment: 1. Stock on 31" - March 19 was valued at Rs 15,000 2. Insurance was prepaid to the extent of Rs 400. 3. Outstanding liability were salaries Rs 2,000, taxes Rs 1,300 4. Commission of Rs 5,000 is yet to be received. 5. Depreciate building at @ 2y.p.a.a