From the following balances prepare a trading and profit and loss account and balance sheet for the year ended March 31, 2006

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Account Title Carriage on goods purchased Carriage on goods sold Manufacturing expenses Advertisement Excise duty Factory lighting Debtors Creditors Dock and Clearing charges Postage and Telegram Fire Insurance Premium Patents Income tax Office expenses Amount Rs. 8,000 3,500 42,000 7,000 6,000 4,400 80,000 61,000 5,200 800 3,600 12,000 24,000 7,200 Account Title Cash in hand Bank overdraft Motor car Drawings Audit fees Plant Repairs to plant Stock at the end Purchases less return Commission on purchases Incidental trade expenses Investment Interest on investment Capital Sales less return Salest tax paid Discount allowed Discount on purchases Amount Rs. 2,500 30,000 60,000 8,000 2,700 1,53,900 2,200 76,000 1,60,000 2,000 3,200 30,000 4.500 1,00,000 5,20,000 12,000 2,700 3,400