From the following information prepare financial Statements of M/s Raj & Bros, for the year ending March 31, 2017. Dr Bal. (₹) Cr Bal. (₹) Stock (1-4-2016) 16,800 Capital 78,000 Sales Returns 8,000 Sales 3,09,000 Purchases 2,43,000 Returns Outward 5,700 Freight-in 8,600 Trade Creditors 4,800 Rent and Taxes 5,700 10% Bank Loan (1-7-2016) 24,000 Salaries 9,300 Income from Investment 3,600 Trade debtors 24,000 Discount Received 2,250 Bank interest 1,000 Printing and Advertising 14,600 Cash at bank 18,300 Discount Allowed 1,340 Investment 25,000 Furniture 3,800 General Expenses 3,610 Audit Fees 500 Insurance 800 Travelling Expenses 3,000 Plant & Machinery 30,000 Drawings 10,000 4,27,350 4,27,350 Additional Information:- (i) Depreciation on Plant and Machinery 10% p.a., a Machine has been purchased on July 01, 2016 for ₹ 12,000.(ii) The manager is entitled to a commission of 10% of the net profit before charging such commission.(iii) Closing stock in trade is valued at ₹ 6,000 (cost); ₹ 6,200 (Market Price).(iv) Rent outstanding ₹ 5,000.