The following were the balances extracted from the books of Yogita as on 31st March, 2016. ParticularsDebit (Rs.)ParticularsCredit (Rs.)Cash in Hand 540Sales98,780Cash at Bank 2,630Return Outwards 500Purchases40,675Capital Account62,000Return Inwards 680Sundry Creditors 6,300Wages 8,480Rent 9,000Fuel and Power 4,730Carriage on Sales 3,200Carriage on Purchases 2,040Opening Stock 5,760Building32,000Freehold Land10,000Machinery20,000Salaries15,000Patents 7,500General Expenses 3,000Insurance 600Drawings 5,245Sundry Debtors14,500 Taking into account the following adjustments, prepare the trading and profit and loss account and balance sheet as at 31st March, 2016. (i) Stock in hand on 31st March, 2016 was Rs. 6,800. (ii) Machinery is to be depreciated 10% and patents 20%. (iii) Salaries for the month of March, 2013 amounting to Rs. 1,500 were outstanding. (iv) Insurance includes an annual premium of Rs. 170 on a policy expiring on 30th September, 2016. (v) Further bad debts are Rs. 725. Create a provision of 5% on debtors. (vi) Rent receivable Rs. 1,000.