On December 31, 1987, the following balances appeared in the books of Ravi:
| Balance on January 1, 1987 | Rs. |
| Raw Materials | 12,400 |
| Work-in-progress | 10,600 |
| Finished Goods | 24,000 |
| Purchases of Raw Materials | 86,000 |
| Freight Inwards | 3,500 |
| Manufacturing Wages | 36,000 |
| Import Duty | 6,000 |
| Dock Dues | 1,200 |
| Motive Power | 5,000 |
| Oil, Grease, etc. | 300 |
| Factory Insurance | 500 |
| Factory Rent | 12,000 |
| Repairs to Plant and Machinery | 600 |
| Depreciation on Plant and Machinery | 3,000 |
| Sales of Finished Goods | 2,15,000 |
| Sale of Scrap | 2,800 |
| Balance on December 31, 1987 | |
| Raw Materials | 10,800 |
| Work-in-Progress | 9,200 |
| Finished Goods | 32,000 |
Prepare the Manufacturing Account and the Trading Accounting for the year ended December 31, 1987.
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