The following information is provided for two different European SME furniture manufacturers for the year ended December 31st 2022:

All figures in Euros ()

ITEM	JUPITER HOME FURNITURE LTD	CAPRICORN FURNISHINGS LTD
Sales (all credit)	230,000	896,000
Opening Stock (1st January 2022)	12,400	32,000
Purchases (all credit)	58,600	515,000
Closing Stock (31st December 2022)	11,600	30,000
Overhead expenses	84,600	126,000
Fixed Assets	200,000	450,000
Trade Debtors	14,000	80,000
Trade Creditors	16,000	47,000
Bank Balance	2,400	4,000
Capital 1st January 2022 (Opening Capital)	42,000	332,000
Drawings	16,000	68,000

*All sales and purchases were on credit.

Q1: Prepare a summarised trading/profit and loss account for the year ended 31st December 2022 for both companies.