Final answer:
The question seeks assistance in preparing a Trading and Profit Loss Account and a Balance Sheet, but without the provided trial balance figures, it is not possible to generate the required financial statements or perform the calculations.
Step-by-step explanation:
The student's question pertains to the preparation of a Trading and Profit Loss Account and a Balance Sheet from the given trial balance as of 31st March 2018. To provide assistance, the answer would include the process of transferring various items from the trial balance to their respective places in the Trading and Profit Loss Account (to calculate gross profit or loss) and to the Balance Sheet (to show the financial position of the business). This would involve categorizing items into revenues and expenses for the Profit and Loss Account and assets, liabilities, and equity for the Balance Sheet.
However, the question does not provide the actual trial balance figures, which are necessary to perform the calculations. The necessary steps would include adjusting entries for expenses and revenues, calculating the cost of goods sold, and determining the net income or loss for the Profit and Loss Account. Subsequently, assets, liabilities, and owner's equity would be listed and balanced in the Balance Sheet.
Since the specific trial balance figures are not provided, it is not possible to give a detailed answer with calculations. The information to fill in Table 23.2 and Table 9.2 and the methodology to calculate the merchandise balance and the current account balance cannot be provided accurately without the relevant data.