HCTACAS SECTION A The accounting period of Grace Stores ends on 30 November each year. Their Trial Balance on 30 November 2022 is given below: 1. Prepare the Trading and Profit and Loss Account of Grace Stores for the most recent accounting period. 2. Prepare the Balance Sheet of Grace Stores on 30 November 2022 Capital Drawings DR CR 26726 4800 Land and buildings 22000 Equipment (at cost) 6900 Vehicle (at cost) 9000 Investory (30 November 2022) 5542 Mortgage Loan (15%) 10.000 Short Term Loan (14%) 2000 Fixed Depot (12%) Debtors Control Creditors Control Cash Float Petty Cash Bank Accumulated depreciation Equipment Vehicles Provision for Bad Debt Sales Cost of Sales Wages and Salaries Consumable Stores Income: Rent Bank Charges HC1ACAS 4000 1372 1819 100 50 1916 300 1.800 60 38500 19450 9600 500 2600 133 21Page Stationery 175 Discount Received 308 Telephone 207 Vehicle Expenses 400 Interest on Loan 1920 Bad debt 40 Income: Interest 240 96269 86269