From the following information, create income statement and balance sheet of SGRCS ltd. on 31 st March 2023

Particulars	Amount	Particulars	Amount
Capital	₹2,00,000	Cash at Bank	₹ 12,000
Printing and stationery	₹ 5,000	Salaries	₹ 56,000
Plant & Machine	₹2,80,000	Repairs	₹ 5,000
Delivery vehicle	₹ 58,000	Opening Stock	₹ 48,000
Sundry debtors	₹ 80,000	Rent	₹ 24,000
Manufacturing Expenses.	₹ 25,000	Bank Balance	₹ 38,300
Sundry creditors	₹ 30,000	Distribution Expenses	₹ 1,500
Purchases	₹ 3,80,000	Bills Payable	₹ 25,000
Sales	₹ 5,80,000	Bad debts	₹ 4,000
Carriage Outward	₹ 7,000	Carriage Inwards	₹ 7,000
Wages	₹ 48,000.00

Additional Information:

1. Closing stock was Rs.36000

2. Depreciate Plant & Machine @10% and delivery vehicle @5%

3. Unpaid rent amounted to Rs.2000