Prepare Trading and Profit and Loss Account for the year ended 31st March, 2018 and Balance Sheet as at that date from the following Traial Balance: Particulars Dr. (₹) Cr. (₹) Capital ................................................................................ … 1,00,000 Cash ................................................................................ 15,000 … Bank Loan ................................................................................ … 20,000 Purchases ................................................................................ 1,20,000 … Sales ................................................................................ … 1,50,000 Sales Return ................................................................................ 10,000 … Purchases Return ................................................................................ … 20,000 Establishment Expenses ................................................................................ 22,000 … Taxes and Insurance ................................................................................ 5,000 ... Bad Debts ................................................................................ 5,000 … Provision for Doubtful Debts ................................................................................ … 7,000 Debtors ................................................................................ 50,000 … Creditors ................................................................................ … 20,000 Commission ................................................................................ … 5,000 Deposits ................................................................................ 40,000 … Opening Stock ................................................................................ 30,000 … Drawings ................................................................................ 14,000 … Furniture ................................................................................ 6,000 … Bills Receivable ................................................................................ 32,000 … Bills Payable ................................................................................ … 25,000 Input CGST ................................................................................ 10,000 ... Input SGST ................................................................................ 10,000 … Output CGST ................................................................................ … 8,000 Output SGST ................................................................................ … 8,000 Output IGST ................................................................................ … 6,000 Total 3,69,000 3,69,000 Adjustments:(i) Salaries ₹ 1,000 and Taxes ₹ 2,000 are outstanding but Insurance ₹ 500 is prepaid.(ii) Commission ₹ 1,000 received in advance for the next year.(iii) Interest ₹ 2,100 is to be received on Deposits and Interest and Bank Loan ₹ 3,000 is to be paid.(iv) Provision for Doubtful Debts to be maintained at ₹ 10,000.(v) Depreciate Furniture by 10%.(vi) Stock on 31st March, 2018 is ₹ 45,000(vii) A fire occurred on 1st April, 2018 destroying goods costing ₹ 10,000. These goods were purchased paying CGST and SGST 6% each.