Question: please assist on priority full question is posted , need to make statement of income and expenditure and statement of sources and application of funds

 please assist on priority full question is posted , need to

please assist on priority

full question is posted , need to make statement of income and expenditure and statement of sources and application of funds of the company

Additional Information: (a) Write-off Rs 2000 crores as bad debts and provision for doubtful debts is to be maintained at 5% on debtors. (b) Loan from Bank was laken on 1tt Auguist 2016 . No interest has been pald so tar (interest outstanding). (c) Inctuded in general expenses is insurance premiuin Rs, 1200 crores paid for one year ending 30th June 2017 . (d) Closing stock as on 314 March 2017 was valued at Rs. 50000 crores. You are required to prepare statement of income \& expenditure, and statement of sources and applications of funds of your co financial year 2016-17

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