The following balances are collected from the books of Shri Kothari on 31st March 2013. You are requested to prepare a trading and profit and loss account as well as the balance sheet on the above date.
a) Prepare only the trading and profit and loss account.
b) Prepare only the balance sheet.
c) Prepare both the trading and profit and loss account, and the balance sheet.
d) No need to prepare any of the above.
