From the following Trial Balance of Sri Samaddar, prepare a Trading and Profit and Loss Account for the year ending on 31st December, 2014 and a Balance Sheet as on that date after taking into consideration the necessary adjustments :
Particulars
Dr. (~)
Cr. (~)
Capital and Drawings
10,200
95,000
Furniture and Fixture
8,600
Stock (1.1.1998)
18,900
Trade Expenses
12,650
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