Following Trial Balance has been extracted from the books of M/s. Ram Prasad & Sons on 31st March, 2018: Particulars Dr. ₹ Particulars Cr. ₹ Machinery 4,00,000 Capital 9,00,000 Cash at Bank 1,00,000 Sales 16,00,000 Cash in Hand 50,000 Sundry Creditors 4,50,000 Wages 1,00,000 Interest Received 30,000 Purchases 8,00,000 Stock on 1st April, 2017 6,00,000 Sundry Debtors 4,40,000 Bills Receivable 2,90,000 Rent 45,000 Commission 25,000 General Expenses 80,000 Salaries 50,000 29,80,000 29,80,000 Additional Information:(i) Outstanding salaries were ₹ 45,000.(ii) Depreciate Machinery at 10%.(iii) Wages outstanding were ₹ 5,000.(iv) Rent prepaid ₹ 10,000.(v) Provide for interest on capital 5% per annum.(vi) Stock on 31st March, 2018 ₹ 8,00,000.Prepare Trading and Profit and Loss Account for the year ended 31st March, 2018 and Balance Sheet as at that date.