Prepare the trading and profit and loss account and balance sheet of M/s Control Device India on March 31, 2017 from the following balance as on that date. Account Title Debit Amount Rs Credit Amount Rs Drawings and Capital 19,530 67,500 Purchase and Sales 45,000 1,12,500 Salary and Commission 25,470 1,575 Carriage 2,700 Plant and Machinery 27,000 Furniture 6,750 Opening stock 42,300 Insurance premium 2,700 Interest 7,425 Bank overdraft 24,660 Rent and Taxes 2,160 Wages 11,215 Returns 2,385 1,440 Carriage outwards 1,485 Debtors and Creditors 36,000 58,500 General expenses 6,975 Octroi 530 Investment 41,400 2,73,600 2,73,600 Closing stock was valued Rs 20,000.(a) Interest on capital 10%.(b) Interest on drawings 5%.(c) Wages outstanding Rs 50.(d) Outstanding salary Rs 20.(e) Provide a depreciation 5% on plant and machinery.(f) Make a 5% provision on debtors.