Question U. Richards does not keep his books on the double entry system. His bank summary amount for 2010 is as follows:

Balance 1.1.2010 1890 Cash withdrawn from bank $5400 Receipts from debtors $44656 Payment to Trade Creditors $31695 Loan from U. Miller $2 000 Rates $ 2750 Drawings $ 3095 Sundry Expense $ 1642

Records of cash paid were sundry $122, trade creditors $642. Cash sales amounted to $698; cash drawings were $5289.

The following information is also available:

31.12.2010 31.12.2011 Cash in hand $48 $98 Trade creditors $4896 $5091 Accounts Receivables $6013 $7132 Rent Owing - $250 Rates in Advance $282 $312 Motor van (at valuation) $2800 $2400 Stock $11163 $13021

Required: a. Statement of Affairs (to find opening capital as at 31.12.2010) b. Cash Account & Bank Account c. Accounts Receivables & Accounts Payables Control A/Cs d. Income Statement for the year ended 31 December 2011.