Bush, Home and Wilson share profits and losses in the ratios 4:1:3 respectively. Their trial balance as at 30 April 2014 was as follows: Dr Cr shs shs Sales 334,618 Returns inwards 10,200 Purchases 196,239 Carriage inwards 3,100 Stock 30 April 2013 68,127 Discounts allowed 190 Salaries and wages 54,117 Bad debts 1,620 Provision for doubtful debts 30 April 2013 950 General expenses 1,017 Business rates 2,900 Postage 845 Computers at cost 8,400 Office equipment at cost 5,700 Provisions for depreciation at 30 April 2013: Computers 3,600 Office equipment 2,900 Creditors 36,480 Debtors 51,320 Cash at bank 5,214 Drawings: Bush 39,000 Home 16,000 Wilson 28,000 Current accounts: Bush 5,940 Home 2,117 Wilson 9,618 Capital accounts: Bush 60,000 Home 10,000 Wilson 30,000 494,106 494,106 Draw up a set of financial statements for the year ended 30 April 2014. The following notes are relevant at 30 April 2014: (i ) Stock 30 April 2014, shs74,223. (ii ) Business rates in advance shs200; Stock of postage stamps shs68. (iii ) Increase provision for doubtful debts to shs1,400. (iv) Salaries: Home shs18,000; Wilson shs14,000. Not yet recorded. (v) Interest on Drawings: Bush shs300; Home shs200; Wilson shs240. (vi ) Interest on Capitals at 8 per cent. (vii ) Depreciate Computers shs2,800; Office equipment shs1,100.