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The following is the trial balance of J. Peters as at 30 September 20X5: Debit Credit 32,890 Capital Drawings 5,200 Loan from A. Drew 10,000

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The following is the trial balance of J. Peters as at 30 September 20X5: Debit Credit 32,890 Capital Drawings 5,200 Loan from A. Drew 10,000 510 Cash Bank overdraft 1,720 29,300 Purchases and reven ue 45,600 Returns inwards 3,800 Returns outwards 2,700 Carriage inwards Carriage outwards 960 820 7,390 Trade receivables Trade payables Land and buildings Plant and machinery Listed investments 4,620 26,000 13,500 4,800 Interest paid 1,200 Interest received 450 Rent received 630 Inventory Repairs to buildings Plant hire charges Bank charges 3,720 810 360 240 98,610 98,610 Additional information 1 The inventory at 30 September 20X5 was valued at 4,580 2 The loan from A. Drew is repayable on 1 January 20Y1 Required Prepare a statement of profit or loss for the year ended 30 September 20X5 and a statement of financial position as at that date

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