45.10 You are to draw up a trading and profit and loss account for the year ending 31 December 202, and a balance sheet as at that date from the following trial balance and details of Partido Ltd: Bank Debtors Creditors Stock at 31 December 201 Buildings at cost Equipment at cost Profit and loss account as at 31 December 20X1 General reserve Foreign exchange reserve Authorised and issued share capital Purchases Sales 810,6131,606,086 Carriage inwards Carriage outwards Salaries Business rates Office expenses Sundry expenses Provisions for depreciation at 31 December 201 : Buildings Equipment Directors' remuneration Notes at 31 December 20X2: (i) Stock 317,426. (ii) Business rates owing 1,700; Office expenses owing 245. (iii) Dividend of 15 per cent proposed. (iv) Transfers to reserves: General 70,000; Foreign exchange 30,000. (v) Depreciation on cost: Buildings 5 per cent; Equipment 15 per cent