QUESTION 2:

The following trial balance has been extracted from the books of Trevor Noah as at 31^st March 2020.

	RM	RM
	DEBIT	CREDIT
Advertising	2,300
Bank	700
Capital		56,700
Cash	1,100
Discounts Allowed	1,100
Discounts Received		1,000
Drawings	19,000
Electricity	1,300
Investments	5,000
Investment Income Received		400
Office Equipment	10,000
Other Creditors		800
Other Debtors	1,500
Machinery	20,000
Purchases	21,400
Purchases Returns
Sales		66,400
Sales Returns	3,000
Stationery	900
Trade Creditors		5,200
Trade Debtors	6,500
Wages	36,700
	130,500	130,500

Required:

Prepare Trevor Noahs trading and profit and loss account for the year to 31^st March 2020 and a balance sheet as at that date.

(30 Mark)