RS Finance Limited is a non­banking finance company in the business of providing loans. On 1st October 2016, it gave a loan of ₹1,000,000 to Mr. Ram at 10% per annum to be repaid after three years. Interest is to be paid quarterly. Mr. Ram duly paid interest on 31st December 2016. However, it failed to pay interest due for the next two quarters. On 1st July 2017, the company classified the account as delinquent and decided to create a provision for the same. How will this transaction appear in the profit and loss statement for the year 2016–17 and 2017–18 and balance sheet on 31st March 2017 and 31st March 2018?