Required; Prepare the Trading and Profit and Loss Account for the year ended 31 December 2015 and the Balance Sheet as of that date.

please do it on this schedule

Section 1 (13 Marks) (CLO 2] Answer the following question: Hyundai Motor Company, headquartered in Seoul, was South Korea's largest automobile manufacturer in 2015. The following is the trial balance of Hyundai Motor Company as of 31 December 2015: Particulars Dr. Amount Cr. Amount 1,400 120,000 15,500 91.000 46,100 12,800 4,400 66,000 4,000 4,200 Commission received Machinery Rent Purchases Salaries Interest received Cash on hand Sundry creditors Sales return Discount earned Furniture Purchases return Capital Sales Sundry debtors Commission Stock on 1 January 2015 Land and building Advertisement Insurance Drawings 20,000 6,000 282,000 113,300 26.800 24,000 30,000 60,000 18,000 15,900 10,000 485,700 485,700 The stock on 31 December 2015 is $80,000. Required; Prepare the Trading and Profit and Loss Account for the year ended 31 December 2015 and the Balance Sheet as of that date. Particulars Amount $ Particulars Amount $ Particulars Amount $ Particulars Amount $ Amount $ Amount $