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The following information has been extra...

The following information has been extracted from the trial balance of M/s Randhir Transport Corporation.

Adjustments
1. Closing stock for the year was Rs. 35,500.
2. Depreciation charged on plant and machinery 5% and land and building 6%.
3. Interest on drawing @ 6% and Interest on loan @ 5%.
4. Interest on investments @ 4%.
5. Further bad debts Rs. 2,500 and make provision for doubtful debts on debtors 5%.
6. Discount on debtors @ 2%.
7. Salary outstanding Rs, 200.
8. Wages outstanding Rs. 100.
9. Insurance prepaid Rs. 500.
You are required to make trading and profit and loss account and a balance sheet on March 31, 2017.

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