The following is the trial balance of R. Woods as at 30 September 20X9:

The inventory at 30 September 20X9 is valued at £2,946.

Required
Prepare a statement of profit or loss for the year ended 30 September 20X9 and a statement of financial position at that date (publishable format).

Transcribed Image Text:

Inventory 1 Oct 20X8 Purchases Revenue Salaries and wages Rent and rates Insurance Motor expenses Printing and stationery Light and heat General expenses Premises Motor vehicles Fixtures and fittings Trade receivables Trade payables Cash at bank Drawings Capital Debit £ 2,368 12,389 3,862 504 78 664 216 166 314 5,000 1,800 350 3,896 482 1,200 33,289 Credit £ 18,922 1,731 12,636 33,289