QUESTION 1 (40 MARKS) The following Trial Balance was extracted from the books of Sabriza Enterprise on 30 April 2020. As the Accountant for the company, prepare the Trading and Profit and Loss Account for the year ending 30 April 2020, and a Balance Sheet as at that date. Items Debit Credit (RM) (RM) Sales 18,614 Purchases 11,570 Stock 1 May 2019 3,776 Carriage outwards 326 Carriage inwards 234 Returns inwards 440 Returns outwards 355 Salaries and wages 2.447 Motor expenses 664 Rent 576 Sundry expenses 1,202 Motor vehicles 3,400 Fixtures and fittings 600 Debtors 4,577 Creditors 3,045 Cash at bank 3,876 Cash in hand 120 Drawings 2.050 Capital 13,844 TOTAL 35,858 35,858 Note: 1. Closing stock as at 30 April 2020 amounted to RM4,000 2. Depreciation is to be charged at rates of 10% on cost for Fixtures and Fittings and 25% on cost for Motor Vehicles. 3.Bad debts of RM800 are to be written-off. As the Accountant for the company, you are required to prepare : a) The Trading and Profit and Loss Account for the year ending 30 April 2020, and b) The Balance Sheet as at that date