T Morgan, a sole trader, extracted the following trial balance from his books at the close of business on 31 March 20X9:

Required:
Prepare the trading and profit and loss accounts for the year ended 31 March 20X9 together with a balance sheet as at that date.

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Purchases and sales Stock 1 April 20X8 Capital 1 April 20X8 Bank overdraft Cash Discounts Returns inwards Returns outwards Carriage outwards Rent and insurance Provision for bad and doubtful debts Fixtures and fittings Delivery van Debtors and creditors Drawings Wages and salaries General office expenses Notes: (a) Stock 31 March 20X9 4,290. (b) Wages and salaries accrued at 31 March 20X9 210; Office expenses owing 20. (c) Rent prepaid 31 March 20X9 180. (d) Increase the provision for bad and doubtful debts by 150 to 810. (e) Provide for depreciation as follows: Fixtures and fittings 120; Delivery van 300. Dr Cr 22,860 41,970 5,160 7,200 4,350 90 1,440 930 810 570 2,160 1,740 660 1,200 2,100 11,910 6,060 2,880 8,940 450 61,740 61,740