The following list of balances as at 30 September 2019 has been extracted from the books of Beatrice and Stephen, trading in partnership, sharing the balance of profits and losses in the proportions 3: 2 respectively. Sales 64.420.00 Inventory in hand at 1 October 2018 4,600.00 Printing, stationery and postages 700.00 Purchases 41,640.00 Rent and rates 2,060.00 Heat and light 1,740.00 Staff salaries 7,220.00 Telephone charges 580.00