Extract a trading and profit and loss account for the year ended 30 June 19X4 for F Kidd. The trial balance as at 30 June 19X4 after his first year of trading, was as follows:

Dr Cr

£ £

Rent Insurance Lighting and heating expenses Motor expenses Salaries and wages Sales Purchases Sundry expenses Motor vans Creditors Debtors Fixtures Buildings Cash at bank Drawings Capital Stock at 30 June 19X4 was £9,960.

(Keep your answer; it will be used later in question 8.4A)

1,560 305 516 1.960 4,850 35,600 30,970 806 3,500 3,250 6,810 3.960 28,000 1,134 6,278 _ 51.799 90,649 90,649