The following balances have been extracted from the books of M/s Green House for the year ended March 31, 2017, prepare trading and profit and loss account and balance sheet as on this date. Account Title Amount Rs Account Title Amount Rs Purchases 80,000 Capital 2,10,000 Bank balance 11,000 Bills payable 6,500 Wages 34,000 Sales 2,00,000 Debtors 70,300 Creditors 50,000 Cash in hand 1,200 Return outwards 4,000 Legal expenses 4,000 Building 60,000 Machinery 120,000 Bills receivable 7,000 Office expenses 3,000 Opening stock 45,000 Gas and fuel 2,700 Freight and Carriage 3,500 Factory lighting 5,000 Office furniture 5,000 Patent right 18,800 4,70,500 4,70,500 adjustments :(a) Machinery is depreciated at 10% and buildings depreciated at 6%.(b) Interest on capital 4%.(c) Outstanding wages Rs 50.(d) Closing stock Rs 50,000.