The Trial Balance shows the following balances as at 31st March, 2017:- Dr. Balances (₹) Cr. Balances (₹) Purchases 60,000 Capital 1,13,075 Sales Returns 1,500 Sales 1,27,000 Plant and Machinery 90,000 Purchases Returns 1,275 Opening Stock 40,000 Discount Received 800 Discount Allowed 350 Sundry Creditors 20,000 Bank Charges 100 Bills Payable 5,000 Sundry Debtors 45,000 Salaries 7,000 Wages 10,000 Freight : In 1,000 Freight : Out 1,200 Rent, Rates and Taxes 2,000 Advertisements 2,000 Cash at Bank 7,000 2,67,150 2,67,150 Closing Stock was valued at ₹ 35,000. Prepare Trading and Profit and Loss Account for the year ended 31st March, 2017 and Balance Sheet as at that date.