The following is the trial balance of J Smailes as at 31 March 20X9. Draw up a set of financial statements for the year ended 31 March 20X9. 

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Dr Cr Stock 1 April 20X8 Sales 18,160 92,340 Purchases Carriage inwards 69,185 420 Carriage outwards 1,570 Returns outwards 640 Wages and salaries 10,240 Rent and rates 3,015 Communication expenses 624 Commissions payable 216 Insurance 405 Sundry expenses 318 Buildings Debtors Creditors 20,000 14,320 8,160 Fixtures 2,850 Cash at bank 2,970 Cash in hand 115 Drawings 7,620 Capital 50,888 152,028 152,028 Stock at 31 March 20X9 was 22,390.