On 1 January 20X8 the following balances, among others, stood in the books of M Baldock, a sole trader:

(a) Rates, £104 (Dr);

(b) Packing materials, £629 (Dr).
During the year ended 31 December 20X8 the information related to these two accounts is as follows:
(i) Rates of £1,500 were paid to cover the period 1 April 20X8 to 31 March 20xX9;
(ji) £5,283 was paid for packing materials bought;
(iii) £357 was owing on 31 December 20X8 in respect of packing materials bought on credit;
(iv) Old materials amounting to £172 were sold as scrap for cash;
(v) Closing stock of packing materials was valued at £598.

You are required to write up the two accounts showing the appropriate amounts transferred to the Profit and Loss Account at 31 December 20X8, the end of the financial year of the trader.
Note: No separate accounts are opened for creditors for packing materials bought on credit.