Benji Bar and Restaurant's books show the following balances. You are required to prepare his Trading and Profit and Loss A/c and Balance Sheet from the following information:

Depreciate Furniture 5%, Plant and machinery 10%. Tools were valued at 31st Dec. 2002, at 4500. Stock on 31st Dec. 2005 was 18,000.

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Dr. Balances Stock Dr. Balances (Contd.) 21,000 Office Expenses 650 Purchases 21,650 Interest Paid on Loan 200 Carriage Inward 250 Bills Receivable 1800 Carriage Outward 600 Legal charges 1900 Wages 6000 Plant and Machinery 25,000 Motive Power 1600 Tools 5000 Printing & Stationery 2660 Cr. Balances: Sundry Debtors 28,100 Sales 48,590 Furniture 2000 Reserve 500 Investments 4000 Loan 38,000 Freehold premises 10,000 Discount Received 580 Travelling Expenses 400 Sundry Creditors 2430 Capital 42,710