On 1 January 2015 the following balances, among others, stood in the books of A. Cook, a sole proprietor:

(a) Business rates, £600 (Dr);

(b) Packing materials, £1,400 (Dr).

During the year ended 31 December 2015 the information related to these two accounts is as follows:

(1) Business rates of £6,200 were paid to cover the period 1 April 2015 to 31 March 2016;

(2) £4,000 was paid for packing materials bought;

(3) £900 was owing on 31 December 2015 in respect of packing materials bought on credit;

(4) Old materials amounting to £300 were sold as scrap for cash;

(5) Closing inventory of packing materials was valued at £2,400.

You are required to:

write up the two accounts showing the appropriate amounts transferred to the statement of profit or loss at 31 December 2015, the end of the financial year of the trader.