s: i. ii. 111. iv. Stocks at the end of year Rs 124,950 Prepayments: Insurance 1,200 Rent and rates 800 Accrued expenses; Motor vehicle expenses Rs 1,600 General expenses Rs 900 Depreciation to be charged on straight line basis; Motor vehicle 5% Furniture 10%. 00 (b) The following balances were extracted from the ABC Company on 30 December 2019: Using the balances and the notes given below prepare the following (6 marks) E Profit and Loss account for the year ended 31 December 2019. Balance sheet as at that date) (6 marks) Table Q3-1 Trial balance as ar 30 December 2019 Debit (Rs) Credit (Rs) 854.200 Capital Purchases Opening stock 413,900 94,400 573.800 Sales Trade debtors K 112,400 Trade creditors 74.150 Balances at bank s 70,000 Cash 25.900 K Drawings 50,250 Ar E Motor vehicle expenses 600 16,200 Motor vehicle 600,000 Furniture 15.000 E Rent and rates, Pep800 AutoC 14.800 E Salaries 61.200 Electricity 16,650 E E General expenses Ad 900 2.800 E Jsurance Peeping-1200 8.650 1,502,150 1.502115020050 502,150.00