Triangle plc has the following trial balance for the year ending 30 September 2010.

‘The notes below refer to the period after the trial balance and are therefore not included in the above figures.
® inventory at 30 September 2011 is £6,000 @ plant is depreciated at a rate of 15% on cost @ at 30 September insurance was prepaid by £400 and £1,000 was due for _ electricity.
Prepare the income statement and statement of financial position for Triangle plc for the year ending 30 September 2011.

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Capital 12,000 Cash 800 Payables 11,800 Receivables 10,000 Plant at cost 16,000 Expenses 28,000 Insurance 4,000 Purchases 42,000 Revenue 80,000 Electricity 3,000 103,800 103,800