9.5A The following is the trial balance of T. Owen as at 31 March 2012. Draw up a set of finan- cial statements for the year ended 31 March 2012 Dr Cr Inventory: 1 April 2011 Sales Purchases 52,800 276,400 141,300 1,350 5,840 Carriage inwards Carriage outwards Returns outwards 2,408 63,400 3,800 Wages and salaries Business rates Communication expenses Commissions paid 714 1,930 1,830 208 125,000 45,900 Insurance Sundry expenses Buildings Accounts receivable Accounts payable Fixtures Cash at bank Cash in hand 24,870 1,106 31,420 276 37,320 Drawings Capital 210,516 514,194 514,194 Inventory at 31 March 2012 was 58,440