No handwritten. Please use your keyboard. Don' sent me a picture as the answer. Thank you!

Required: Please draw up an income statement and a balance sheet as at 30 June 2020. Be careful with the headings, date, classification. Thank you!

4. The following list of balances are taken from the ledger of Ah Seng on 30 June 20XX: $ Stock as at 1 July 2019 22,476 Stock as at 30 June 2020 29,138 Rent 16,872 Salaries 48,240 Advertising 4,600 Office expenses 12,468 Purchases 196,400 Purchases returns 4,766 Carriage inwards 2,574 Carriage outwards 6,422 Electricity & telephone 2,016 Travelling expenses 8,356 Cash at bank 12,355 Motor vehicles 28,460 Debtors 4,240 Creditors 5,200 Insurance 1,496 Discount allowed 3,564 Discount received 4,902 General expenses 10,250 Sales 356,474 Sales returns 3,306 Capital 12,753 REQUIRED