Question 1: From the following trial balance of P Foden, prepare a trading and profit and loss account for the year ended 30 April 2022 and a balance sheet as at that date. Trial Balance as at 30 April 2022 Sales Purchases Opening Stock at 1 May 2021 Light & heat Telephone and internet Rent & rates Motor Expenses Fixtures & Fittings Motor Vehicles Debtors Cash at bank and in hand Creditors Drawings Capital at 1 May 2021 DR 84,300 19,500 6,200 1,600 11,400 2,500 22,000 14,000 6,700 4,200 32,000 204,400 CR 149,000 12,400 43,000 204,400