The following is the list of balances extracted from the books of Anda Trading as at 30 November 20X2. Particulars Petty cash Cash at bank Accounts receivable Inventory as at 1 December 20X1 Motor vehicles Plant and machinery Long-term investments Freehold premises Accounts payable 10% Mortgage on freehold premises Capital on 1 December 20X1 Purchases Wages and salaries Rates and taxes Interest on mortgage General expenses 0 Carriage outwards Insurance premium * Drawings Carriage inwards Advertising expenses O Sales Sales returns Purchases returns Discount received Discount allowed Allowance for doubtful debt t RM 100 9,000 12,840 26,500 14,000 50,000 10,000 147.500 16,500 34,000 219,840 128,900 70,300 1,000 1,700 2,000 21,000 3,000 7,400 600 14,000 250,000 1,000 500 600 800 200 Inventory on hand as at 30 November 20X2 was RM30,000. You are required to prepare the statement of profit or loss for the year ended 30 November 20X2 and a statement of financial position as at that date.