9.6A F.Brown drew up the following trial balance as at 30 September 2011. You are to draft the income statement for the year ending 30 September 2011 and a statement of financial position as at that date. Cr Dr 49,675 Capital Drawings Cash at bank Cash in hand Accounts receivable Accounts payable Inventory: 30 September 2010 Van 28,600 4,420 112 38,100 26,300 72,410 5,650 7,470 Office equipment Sales 391,400 Purchases 254,810 2,110 Returns inwards Carriage inwards Returns outwards 760 1,240 Carriage outwards Motor expenses Rent 2,850 1,490 8,200 680 Telephone charges Wages and salaries Insurance Office expenses Sundry expenses 39,600 745 392 216 468,615 468,615 Inventory at 30 September 2011 was 89,404