, vet Loss-27,900; Balance Sheet Total-t 79,500.] lowing Trial Balance has been extracted from the books of Mis. Ram Prasad & Sons on 31st March, 2018: by the Dr.(Particulars 4,00,000 Capital 1,00,000 Sales Cr. R) 9,00,000 6,00,000 4,50,000 30,000 heque Machinery at Bank h in Hand 50,000 Sundry Creditors ,00,000 Interest Received 8,00,000 6,00,000 4,40,000 2,90,000 45,000 25,000 80,000 50,000 29,80,000 k on 1st April, 2017 Sundry Debtors Receivable 2018 Re 000 Commission 000General Expenses 1,900 29,80,000 Additional Information: G Outstanding salaries were 45,000 (ii) Depreciate Machinery at 10%. lt) Wages outstanding were 5,000. i) Rent prepaid 10,000. (v) Provide for interest on capital @ 5% per annum. (vi) Stock on 31st March, 20188,00,000. 500 500 300 18 Prepare Trading and Profit and Loss Account for the year ended 81st March, 2018 and Balance Sheet as at that date. 0 (Gross Profit-78 95,000, Net Profit-7 6,05,000; Balance Sheet Total-7 20,50,00