From the following Trial Balance and additional information of Mr. Gaurav, a proprietor, prepare Trading and Profit and Loss Account for the year ended 31st March, 2019 and Balance Sheet as at that date: Particulars Dr. Balance (₹) Cr. Balance (₹) Building 1,60,000 … Wages 26,000 … Machinery 16,000 … Salaries and Wages 41,600 … Debtors 38,700 … Capital … 2,23,100 Purchases 56,500 … Sales … 1,00,700 Creditors … 12,500 Income Tax 2,000 … Drawings 500 … Input CGST A/c 10,000 … Input SGST A/c 10,000 … Output CGST A/c … 12,500 Output SGST A/c … 12,500 Total 3,61,300 3,61,300 Closing Stock at cost ₹ 1,00,000 but its market value is ₹ 88,500.