From the following trial balance of B Webb, extracted after one year’s trading, prepare a trading and profit and loss account for the year ended 31 December 20X6. A balance sheet is not required. 

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Trial Balance as at 31 December 20X6 Dr Cr Salaries Rent Sales Purchases Motor expenses Insurance General expenses Premises Motor vehicles Debtors Creditors Cash at bank Cash in hand Drawings 18,462 14,629 2,150 520 670 111 105 1,500 1,200 1,950 1,538 1,654 40 895 Capital 5,424 25,424 25,424 Stock at 31 December 20X6 was 2,548.