The following balances were extracted from the books of Shri R. Lal on March 31, 2017:

Prepare the trading and profit and loss account and a balance sheet as on March 31, 2017 after keeping in view the following adjustments :
(i) Depreciate old building by Rs. 625 and addition to building at 2% and office furniture at 5%.
(ii) Write-off further bad debts Rs. 570.
(iii) Increase the bad debts reserve to 6% of debtors.
(iv) On March 31, 2017 Rs. 570 are outstanding for salary.
(v) Rent receivable Rs. 200 on March 31, 2017.
(vi) Interest on capital at 5% to be charged.
(vii) Unexpired insurance Rs. 240.
(viii) Stock was valued at Rs. 14,290 on March 31, 2017.