175 22.5 The following Trial Balance was extracted from the books of A. Scholes at the close of business on 28 February 19-7. Dr 19,740 11,280 1,140 210 9,900 Purchases and sales Cash at bank Cash in hand Capital Account 1 March 19-6 Drawings Office furniture Rent Wages and salaries Discounts Debtors and creditors Stock 1 March 19-6 Provision for Bad and Doubtful Debts 1 March 19-6 Delivery van Van running costs Bad Debts written off 2,850 1,440 1,020 2,580 690 4,920 2,970 360 2,490 270 2,400 450 810 32,760 32,760 Notes: (a) Stock 28 February 19-7 3,510. (b) Wages and salaries accrued at 28 February 19-7 90. (c) Rent prepaid at 28 February 19-7 140. (d) Van running costs owing at 28 February 19-7 60. (e) Increase the provision for Bad and Doubtful Debts by 60. 6) Provide the depreciation as follows: Office furniture 180. Delivery van 480. Required: Draw up the Trading and Profit and Loss Accounts for the year ending 28 February 19-7 together with a Balance Sheet as on 28 February 19-7, using vertical formats throughout