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PLEASE COMMENT WITH YES, IWHO IS WORKING ON THE QUESTION, PLEASE, IT HELPS ME ALOT History Traders is a retail store based in Australia. The

PLEASE COMMENT WITH YES, IWHO IS WORKING ON THE QUESTION, PLEASE, IT HELPS ME ALOT

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History Traders is a retail store based in Australia. The business has provided the following information for the year ending December 31, 2018: Bank Balance b/d 40,000 Payments to suppliers 492.020 Cash sales 170.000 Cash purchases 32.500 Receipts from debtors 458.560 Rent 57.500 Motor vehicle 300.000 Fixtures 220.000 Bank interest 2.500 Rates 8.500 Commission 73,000 Wages 66,000 Balance c/d 53.960 General office experises 11.500 Loan 78,000 Drawings 132.000 1.098.020 1,098.020List of balances: Details Jan 1 Dec 31 Creditors 83.200 91.030 Debtors 94.500 82.400 Stock 75.500 95.600 Loan 194,000 1 16,000 Building 340,000 340,000 Motor vehicle 720,000 400,000 Fixtures 210,000 Rates prepaid 4.600 7.600 Commission owing 21.500 25,000 Wages owing 14.500 22,000Additional notes: . Stock taken for personal use amounted to $9,500 . Amounts written off as bad debts total $8,500 . Discounts given to credit customers amounted to $3,400 . The motor vehicle sale was at net book value REQUIRED: Using the information provided, derive the trial balance, statement of profit or loss, and statement of financial position for History Traders for the period. Your submission should include all workings, such as the statement of affairs and control accounts

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