28.9 The trial balance for a small business at 31 August 20X8 is as follows: 40,900 Stock 1 September 2007 Purchases and Sales Rent Business rates Sundry expenses Motor vehicle at cost Debtors and creditors Bank Provision for depreciation on motor vehicle Capital at 1 September 20X7 19,700 Drawings f 8,200 26,000 4,400 1,600 340 9,000 1,160 1,500 2,100 1,200 11,700 63,900 63,900 At 31 August 20X8 there was: I Stock valued at cost prices 9,100 | Accrued rent of 400 | Prepaid business rates of 300 | The motor vehicle is to be depreciated at 20% of cost Required: 1 The adjustments to the ledger accounts for rent and business rates for the year to 31 August 20X8. 2 A trading profit and loss account for the year ending 31 August 20X8, together with a balance sheet as at that date