Kajol and Sunny were partners sharing profits and losses in the ratio of 3:2. The following Balances were extracted from the books of account for the year ended March 31, 2015.

Prepare final accounts for the year ended March 31,2017, with following adjustments:
(a) Stock on March 31,2015 was Rs.37,500.
(b) Bad debts Rs.3,000, Provision for bad debts is to be made at `5%` on debtors.
(c) Rent Prepaid were Rs.1,200.
(d) Wages outstanding were Rs.2,200.
(e) Interest on capital to be allowed on capital at `6%` per annum and interest on drawings to be charged @ 5% per annum.
(f) Kajol is entitled to a Salary of Rs. 1,500 per annum.
(g) Prepaid insurance was Rs. 500.
(h) Depreciation was charged on Building, @ 4% , Plant and Machinery, @ 5% , Motor car, @ 10% and furniture and fixture, @ 5% .
(i) Goods worth Rs.7,000 were destroyed by fire on January 20, 2015. The Insurance company agreed to pay Rs.5,000 in full settlement of the claim.