Let's break down the requirements step by step.
### i. Prepare Necessary Adjusting Accounting Entries
Given the adjustments provided, here are the adjusting journal entries:
1. **Inventory Adjustment:**
- **Debit**: Inventory (Increase) Rs. 18,850 (Rs. 72,850 - Rs. 54,000 Opening Inventory)
- **Credit**: Cost of Goods Sold Rs. 18,850
2. **Depreciation on Building:**
- **Debit**: Depreciation Expense Rs. 60,000 (10% of Rs. 600,000)