​Trial Balance of a business as at 31st March, 2018 is given below: Particulars Dr. (₹) Particulars Cr. (₹) Stock on 1st April, 2017 25,000 Sales 2,27,800 Furniture 8,000 Commission 500 Plant and Machinery 1,50,000 Returns Outward 1,000 Debtors 30.000 Creditors 40,000 Wages 12,000 Capital 1,50,000 Salaries 20,000 Bad Debts 1,000 Purchases 1,20,000 Electricity Charges 1,200 Telephone Charges 2,400 General Expenses 3,000 Postage Expenses 1,800 Returns Inward 900 Insurance Premium 1,500 Cash in Hand 2,500 Cash at Bank 40,000 4,19,300 4,19,300 ​ Prepare Trading and Profit and Loss Account for the year ended 31st March, 2018 and Balance Sheet as at that date after taking into account the following adjustments:(i) Closing Stock was valued at ₹7,000.(ii) Outstanding liabilities for wages were ₹600 and salaries ₹1,400.(iii) Depreciation is to be provided 5% p.a. on all fixed assets.(iv) Included in Plant and Machinery is a machine purchased for ₹10,000 on 1st October, 2017.(v) Insurance premium paid in advance ₹200.