5. (Manufacturing, Trading and Profit and Loss Alc) From the following balancesprepare manufacturing, trading and profit and loss account for the year ended 31stADJUSTMENTS)FINAL ACM M1001500M M$2,00018,000240012508,20098,750Office lighting42,25011,90,00012,500!! 1,200in 10,00013M180,000130,000March, 2016 and balance sheet as on that date.Stock (1-4-15)Factory insuranceRaw materials20,350 N Repairs to plant 2Work-in-progress215,270MRepairs to factory buildingFinished goods3 20,150 Repairs to office building 4Purchases :-mSundry mfg. exp. SRaw materials 3180,300 SalariesFinished goods 520,200 Office staffCarriage inwards62,300Foreman 7M Productive wages10,000 Sales of raw materials &Mr Stores consumed 6Sales of finished goodsWFactory lighting4 1,000Raw material returnsCapitalMotive powerDrawings 12Depreciation :Plant and machineryFactory building 1 >Investments lbPlant and machineryOffice expensesOffice building 4Bad debts 16Office furnitureLoan on mortgageSales returnsBills payableCash in hand 17Cash at bankSundry debtors,140,000Sundry creditors2435,000Factory building 160,00015,000Office building 23225,000Discount (Cr.) 2421,170The closing stock on 31-3-2016 was :-Raw materials 35,000 work-in-progress 30,000, finished goods 50,000.[Ans. Cost of production 82,020 ; Gross profit 25,380 Net loss 1,250 ; Balance sheettotal 3,89,000].W 10,000n5,000122,000131,00014 20019 80016 1,000129,00015,00011,50,00019 25,250Furniture​