From the following trail balance extracted from the books how do we prepare Trading A/c, P&L A/c and Balance Sheet for the year ending 31st March 2008.

Trail Balance as at 31st March 2008
Dr.(Rs.) Cr. (Rs.)
Stock as on 1-4-2007 62500
Purchases & Sales 90300 137200
Returns 2200 1300
Capital 30000
Drawings 4500
Land and Buildings 30000
Furniture & Fittings 8000
Sundry Debtors and Creditors 25000 45000
Cash in Hand 3500
Investments 10000
Interest 2500
Commission 3000
Direct expenditure 7500
Postages, Stationery and Phones 2500
Fire Insurance Premium 2000
Salaries 1000
Bank Over Draft 40000
259000 259000

Additional Information :
i) Closing Stock is Valued at Rs. 65,000
ii) Goods worth Rs.500 are reported to have been taken away by the proprietor for his personal use at home during 07-08
iii) Interest on Investments Rs.500is yet to be received
iv) Depreciation is to be provided on Land & Buildings @ 5% and on Furniture & Fittings @10%
v) Make provision for Doubtful debts @ 5%

Trading A/c

Opening Stock 62,500 ------------------- Sales 135,000

-----------------------------------------------Closing Stock 65,000
Purchase 89,000
Direct Expenses 7,500
Gross Profit 41,000
----------------------------------------------------------------------------------------------------------
Total-------------------------------200,000----------- Total ---------------------- 200,000

First this then I will send you P&L

thank you albert can you sent the answer to me please i need it . thank you alot
my email / awar_60@yahoo.com

please send the solution:
at ibrar77@hotmail.com

thank u for your cooperation