The following is the trial balance of Zachry Sdn Bhd as at 31 December 2021. Dr Cr RM RM 70,000 250,000 60.000 Inventories - 1 January 2021 Sales Purchases Carriage inwards Carriage outwards Returns outwards Wages and salaries Rental 3,000 3,500 15,000 75,000 60.000 6.000 12.000 1,500 6.000 150.000 50.000 Communication expenses Commissions paid Insurance Sundry expenses Motor vehicles Accumulated depreciation of motor vehicles Account receivables Provision for doubtful debts Account payables Fixtures Accumulated depreciation of fixtures Cash at bank & Cash in hand Drawings 80.000 8.000 65.000 80.000 20.000 46.000 5.000 20,000 Accumulated depreciation of fixtures Cash at bank & Cash in hand Drawings Capital 46,000 5,000 250,000 658,000 658,000 Notes: Unadjusted entries are as follows: 1.10% discount on a purchase of RM15,000 2.Inventories as of 31 December 2021 was RM45,000. 3.Drawing during the year are as follows a. Cash - RM1,000 b. Include in Sundry expenses, payment for his personal matters - RM1,500 4.Loan received from bank RM100,000 on 1 July 2021 @ 5% per annum. Interest payment made accordingly on 31 December 2021. No principal payment required. 5.Depreciation on cost a.Motor vehicles 10% per annum (straight line method); and b.Fixtures 10% per annum (reducing balance method) 6.The provision for bad debts as of 31 December 2021 - RM9,000 7.Posting Error a. Communication Expenses - One of the transactions recorded as RM1,000 instead of RM100 Dr Bank Cr Communication Expenses Required: 1. Draw up a trading and profit and loss account for the year ending 31 Decembe 2021. 2. Statement of Financial Position as at 31 December 2021