18. From the following balances, prepare Trading and Profit and Loss Account and BalanceSheet:Debit Balances:MachineryDebtorsDrawingsPurchasesWagesBankOpening StockClosing Stock was value atDebit Balances (Contd.):3,50,000 Rent2,70,000 Sundry Expenses45,00020,00015,00090,000 Carriage9,50,000 Credit Balances:5,00,000 Capital A/c1,50,000 Creditors2,00,000 | Sales10,00,0001,40,00014,50,00030,000.

18. From the following balances, prepare Trading and Profit and Loss A

1.	18. From the following balances, prepare Trading and Profit and Loss Account and BalanceSheet:Debit Balances:MachineryDebtorsDrawingsPurchasesWagesBankOpening StockClosing Stock was value atDebit Balances (Contd.):3,50,000 Rent2,70,000 Sundry Expenses45,00020,00015,00090,000 Carriage9,50,000 Credit Balances:5,00,000 Capital A/c1,50,000 Creditors2,00,000 \| Sales10,00,0001,40,00014,50,00030,000.
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