Below is given the Trial Balance of Mr. Ram as at 31st December, 2015. You are required to prepare Trading and Profit & Loss Account and Balance Sheet as at that date. Dr. Balances (₹) Cr. Balances (₹) Opening Stock 42,000 Sales 4,10,000 Purchases 2,00,000 Sundry Creditors 20,000 Plant 60,000 Purchases Return 8,000 Salary 33,000 Commission 7,500 Wages 44,000 Bank 24,000 Discount 2,000 Capital 1,50,000 Rent 27,500 Interest on Investments 700 Furniture (Including Furniture of ₹ 5,000 purchased on 1st July, 2015) 20,000 Special Rebate 800 Carriage in 5,800 Carriage out 3,200 Sundry Debtors 1,00,000 Office Expenses 6,600 Cash in hand 5,400 Investments at 14% p.a. 10,000 Insurance (Paid to 30th April, 2016) 1,500 Stock on 31st December, 2015 60,000 6,21,000 6,21,000 Adjustments:- 1. Create a provision for Doubtful Debts 5% on Debtors and 2% for discount on Debtors.2. Provide up-to-date interest on Investments.3. Expenses for rent, wages, salaries and office expenses are uniform throughout the year and those for December, 2015 have not been paid.4. Depreciate Plant by 10% p.a. and Furniture by 20% p.a.5. Unearned Commission ₹ 1,500.