Roshan, whose accounts are maintained by Single Entry System, acquired a retail business on 1st April, 2018. He has Rs. 40,000 of his own and he borrowed Rs. 20,000 from his wife. He paid Rs. 15,000 for Goodwill, Rs. 5,000 for Furniture and Rs. 35,000 for Stock. Total cash received by him during the financial year from the Debtors was Rs. 2,30,000. His payments were: {:(,"Rs."),("Purchases","1,56,000"),("Salary and Wages"," 21,400"),("Trade Expenses","7,200"),("Rent:",),("For business house","5,920"),("For private house","2,960"),("Payable made for domestic purposes and drawings"," 26,400"):} At the end of the year, the stock was Rs. 37,5000. He owed Rs. 13,500 to Creditors for goods and his customers owed to him Rs. 15,000. Provide 5% for Depreciation of Furniture, Interest at 5% on wife,s Loan and Rs. 1,000 for Doubtful Debts. Prepare the Cash Account, the Profit and Loss Account for the year ended 31st March, 2019 and the Balance Sheet at the close of the year.