The following Trial Balance was extraced from the books of Mr. Gupta as at 31st March, 2019: Dr. Balances (₹) Cr. Balances (₹) Stock on 1-4-2018 65,000 Capital 2,50,000 Purchases 7,10,000 Rent Received 3,900 Wages 22,000 Loan from Mr. Yadav 15% p.a. 20,000 Trade Expenses 5,000 Sales 9,50,000 Freight and Dock Charges 8,000 Discount 600 Travelling Expenses 3,800 Outstanding Wages 2,000 Lighting and Heating (Factory) 7,200 Trade Expenses accrued but not paid 500 Stores Consumed 2,000 Sundry Creditors 80,000 Rent Paid 16,500 Establishment Charges 18,000 Interest on Mr. Yadav's Loan 1,500 Sundry Debtors 1,42,000 Cash 6,000 Fixed Assets 3,00,000 Adjustments:- (i) Goods costing ₹ 20,000 were purchased and included into stock but no entry was passed to record the purchase.(ii) Loan from Mr. Yadav was taken on 1st June, 2018.(iii) Sundry Debtors include an amount of ₹ 2,000 due from a customer who has become insolvent and nothing is recoverable from his estate.(iv) Create a provision of 5% for Doubtful Debts and 2% for discount on Debtors.(v) Three months lighting and heating bill due but not paid ₹ 3,000.(vi) Rent is paid for 11 months but is received for 13 months.(vii) Stock amounted to ₹ 90,000 on 31st March, 2019.Prepare Trading and Profit & Loss Account for the year ended 31st March, 2019 and a Balance Sheet as at that date.