Expert Q&A Done QUESTION ONE marks) Seith has been trading of fashia wame w eries for some you. following list of balances has been extracted from his le 31 March 2009 The 15.000 6,000 35.000 Rent, and inace Electricity paid Postages and stationery Advertising Salaries and wages Task interest expenses Cash in hand Sack 1 April 2015 Debtors Fixtures and cost Accumulate de 9,000 Apel 2018 1,800 ISO 100,000 5.000 Creditos Purchases Office equipments cost Accumulated deprecat Share capital 5 years bank loan interest A pril 2018 52.920 of 20% pa The following additional information 31 March 2019 includes 1 Stock Mar 2010 dwt .000 2. An electricity bill of $300 for 2019 w c d. This yet be settled until May 2019, 3. Rates was paid in advance for Apr - Jun 19-51,200 4. A customer has failed to make payment - $1.500 for a long time. It deemed as had debts as at 31 Mar 2019 5. Depreciation of fixture and fittings: 20%p on straight line basis 6. Depreciation of office equipment 10% pas straight line basis. a) Prepare a Profit and Low account for The year ended 31 March 2019 and Balance Sheets at that date. (30 marks) b) Give comments on the above information gives