Following Receipts and Payments Account was prepared from the Cash Book of Delhi Charitable Trust for the year ending 31st March , 2018: RECEIPTS AND PAYMENTS ACCOUNT Dr. Cr. Receipts ₹ Payments ₹ To Balance b/d: ​By Charity 1,15,000 Cash in Hand 1,15,000 By Rent and Taxes 32,000 Cash at Bank 1,26,000 By Salary 60,000 To Donations 90,000 By Printing 6,000 To Subscriptions 4,28,000 By Postage 3,000 To Legacies 1,80,000 By Advertisements 45,000 To Interest on Investment 45,000 By Insurance 20,000 To Sale of old Newspaper 2,000 By Furniture 2,16,000 By Investment 2,30,000 By Balance c/d: Cash in Hand 99,000 Cash at Bank 1,60,000 9,86,000 9,86,000 Prepare Income and Expenditure Account for the year ended 31st March , 2018 , and Balance Sheet as on that date after the following adjustments:(i) Insurance premium was paid in advance for three months.(ii) Interest on investment ₹ 11,000 accrued was not received.(iii) Rent ₹6,000; Salary ₹9,000 and advertisement expenses ₹ 10,000 outstanding as on 31st March, 2018.