11 The information below was extracted from the books of Heeda's Dealers. Compile the income statement and balance sheet: TRIAL BALANCE ON 28 FEBRUARY 20.9 Debit Credit 110 000 30 078 110 000 25250 8065 7203 200 100 15 339 1 200 12 250 12420 5 850 2 897 5 000 27 892 BALANCE SHEET ACCOUNTS SECTION Capital Drawings Land and buildings Mortgage loan Debtors control Bank overdraft Cash float Petty cash Creditors control Savings account Vehicles Equipment Accumulated depreciation on vehicles Accumulated depreciation on equipment Fixed deposit at XY Bank Trading stock NOMINAL ACCOUNTS SECTION Sales Cost of sales Debtors allowances Bank charges Wages Salaries Delivery expenses Rates and taxes Rent income Commission income Discount allowed Bad debts Bad debts recovered Interest expense Consumable stores Insurance Sundry expenses 294 360 194 958 1923 300 8 460 42 450 490 1 100 1 500 2 396 1420 385 180 125 1 860 940 335e 464 975 464 975