The following were the balances extracted from the books of Yogita as on March 31, 2017:

Taking into account the following adjustments prepare trading and profit and loss account
and balance sheet as on March 31, 2017 :
(a) Stock in hand on March 31, 2017, was Rs. 6,800.
(b) Machinery is to be depreciated at the rate of 10% and patents @ 20%.
(c) Salaries for the month of March, 2017 amounting to Rs. 1,500 were outstanding.
(d) Insurance includes a premium of Rs. 170 on a policy expiring on September 30, 2017.
(e) Further bad debts are Rs. 725. Create a provision @ 5% on debtors.
(f) Rent receivable Rs. 1,000.