Dr 28.8 The following trial balance was extracted from the books of R Giggs at the close of business on 28 February 20x7. Cr Purchases and sales 92,800 157,165 Cash at bank 4,100 Cash in hand 324 Capital account 1 March 20X6 11,400 Drawings 17,100 Office furniture 2,900 Rent 3,400 Wages and salaries 31,400 Discounts 820 160 Debtors and creditors 12,316 5,245 Stock 1 March 20X6 4,120 Provision for doubtful debts 1 March 20x6 405 Delivery van 3,750 Van running costs 615 Bad debts written off 730 174,375 174,375 Notes: (a) Stock 28 February 20x7 2,400. Wages and salaries accrued at 28 February 20X7 340. (c) Rent prepaid at 28 February 20x7 230. (d) Van running costs owing at 28 February 20X7 72. (e) Increase the provision for doubtful debts by 91. (f) Provide for depreciation as follows: Office furniture 380; Delivery van 1,250. Required: Draw up the trading and profit and loss account for the year ending 28 February 20x7 together with a balance sheet as on 28 February 20x7