L Stokes drew up the following trial balance as at 30 September 19X8. You are to draft the trading and profit and loss account for the year to 30 September 19X8 and a balance sheet as at that date.

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Dr Cr 30,955 Capital Drawings 8,420 Cash at bank 3,115 Cash in hand 295 Debtors 12,300 Creditors 9,370 Stock 30 September 19X7 23,910 Motor van 4,100 Office equipment 6,250 Sales 130,900 Purchases 92,100 Returns inwards 550 Carriage inwards Returns outwards Carriage outwards Motor expenses Rent Telephone charges Wages and salaries Insurance 215 307 309 1,630 2,970 405 12,810 492 Office expenses Sundry expenses Stock at 30 September 19X8 was 27,475. 1,377 284 171,532 171,532