sole the above question

Part 1 Q1 Jenny Lee is a trader and the following Trial Balance was extracted from her books on 31 December 2012. Dr Purchases and Sales Stock, 1 January 2012 Debtors and Creditors Sundry expenses Carriage on purchases Net equipment value Delivery vehicle Note 3 Rent 90% and insurance 10% Provision for doubtful debts Bad debts Discounts received Wages and salaries Lighting and heating Bank Drawings Capital Total Cr $ $ 474,000 648,000 46,000 53,000 39,000 16,600 2,400 9,000 33,000 18,000 1,200 900 5,500 76,400 8,000 9,500 55,000 108,100 801,800 801,800 Additional information: 1. Stock at 31 December 2012 was valued at $64 400. 2. Dividends of 240 had been paid directly to the bank. not recorded in cash book. 3. Bank charges 30. 4. A cheque received from K Jones for 80 had been returned by the bank and marked "No funds available No adjustment has been made in the cash book. REQUIRED (a) Prepare the Trading and Profit and Loss Accounts for the year ended 31 December 2012. (b) Prepare the Balance Sheet as at 31 December 2012