Prepare trading and profit and loss account from the following particulars of M/* Neema Traders as on March Traders as on March 31,2005.
| Account Title | Debit Amount | Account Title | Credit Amount |
| Buildings | 23,000 | Sales | 1,80,000 |
| Plant | 16,930 | Loan | 8,000 |
| Carriage inwards | 1,000 | Bills payable | 2,520 |
| Wages | 3,300 | Bank overdraft | 4,720 |
| Purchases | 1,64,000 | Creditors | 8,000 |
| Sales return | 1,820 | Capital | 2,36,000 |
| Opening stock | 9,000 | Purchases Return | 1,910 |
| Machinery | 2,10,940 | | |
| Insurance | 1.610 | | |
| Interest | 1,100 | | |
| Bad debts | 250 | | |
| Postage | 300 | | |
| Discount | 1,000 | | |
| Salaries | 3,000 | | |
| Debtors | 3,900 | | |
Stock on March 31,2005 Rs.16,000
