Prepare Trading and Profit and Loss Account for the year ended 31st March, 2019 and Balance Sheet as at that date from the following Trial 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) Taxes ₹ 3,000 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 on 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, 2019 is ₹ 45,000.(vii) A fire occurred on 1st April, 2019 destroying goods costing ₹ 10,000. These goods were purchased paying CGST and SGST 6% each.