In the year ended 31 December 2003, Alex made the following payments: rent $1000; electricity $630; stationery $420. In addition he had received $300 rent from a tenant. 

At 31 December 2003, Alex had prepaid rent of $200. Accrued expenses were electricity $180 and stationery $130. The stock of stationery was $140. The tenant owed rent of $100. 

Required 

Show how the accounts concerned will appear in Alex's books after the adjustments for accruals and prepayments have been made. Show clearly the amounts to be transferred to the Profit and Loss Account.