Prepare Trading account, P/L account and Balance Sheet Trail Balance as at 31 May 2017 \begin{tabular}{|r|r|r} \hline & DR (\$) & CR(\$) \\ \hline General expenses & 610 & \\ \hline Business rates & 4,800 & \\ \hline Motor expenses & 1,820 & \\ \hline Salaries & 79,120 & \\ \hline Insurance & 2,480 & \\ \hline Purchases & 242,080 & \\ \hline Sales & & 471624 \\ \hline Car & 8600 & \\ \hline Accounts payable & & 22400 \\ \hline Accounts receivable & 42,160 & \\ \hline Premises & 106000 & \\ \hline Cash at bank & 5,430 & \\ \hline Cash in hand & 650 & \\ \hline Capital & & 46526 \\ \hline Drawings & 46800 & \\ \hline & 540550 & 540550 \\ \hline \end{tabular}