5. Mr. Suhas a small trader provides you the following details about his business.

5. Mr. Suhas a small trader provides you the following details about his business:

Particulars	1.4.2011	31.3.2012
Debtors	45000	50000
Creditors	60000	70000
Computer	60000	120000
10% Govt. Bonds	-	10000
Bank Overdraft	80000	40000
Motor Van	80000	80000
Furniture	10000	10000
Stock	65000	80000
Cash in Hand	2000	8000
Bills Receivable	60000	80000

Additional Information:

1. On 1^st October, 2012 he withdrew Rs. 40,000 for his personal use.

2. Charge Interest on Drawings Rs. 2,000.

3. He had also withdrawn Rs. 30,000 for Rent of his residential flat.

4. Depreciate furniture by 10% and write off Rs. 2000 from motor van.

5. 10% Government Bonds were purchased on 1^st October, 2011.

6. Allow interest on Capital at 10% p.a.

7. Rs. 2000 is written off as bad debts and provide 5% R.D.D. on debtors.

Prepare Opening Statement of affairs, closing statement of affairs and statement of profit or loss for the year ended 31^st March, 2012.