Prepare Trading and Profit and Loss Account and Balance Sheet from the following balances relating to the year ended 31st March, 2018:
Additional Information:
(i) Closing Stock was valued at Rs. 14,500.
(ii) Depreciate Plant and Machinery by Rs 4,000.
(iii) Write off Bad Debts Rs 5,000.
(iv) A sum of Rs. 400 is due for repairs.