QUESTION 2 The following information was taken from the trial balance of the books of Windhoek Secondary School Mini-Market on December 31, 2018 Cash 13,000 Sundry debtors 10,000 Bill receivable 8,500 Opening stock 45,000 Building 50,000 Furniture and fittings 10,000 Investment (Temporary) 5,000 Plant and Machinery 15,500 Bills payable 9,000 Sundry creditors 20,000 Owners' capital 78,200 Owners' drawings 1,000 Sales 100,000 Sales discount 400 Purchases 30,000 Freight in 1,000 Purchase discount 500 Sales salary expenses 5,000 Advertising expenses 4,000 Miscellaneous sales expenses 500 Office salary expenses 8,000 Misc. general expenses 1,000 Interest income 1,000 Interest expenses 800 208,700 208,700 Closing stock on December 31, 19... was $10,000 Required: Prepare income statement/trading and profit and loss account and balance sheet from the above trial balance in report form. (Income statement 10 marks; Balance sheet 10 marks) [TOTAL = 20 MARKS] THE END