The following trial balance has been prepared from the books and records of Blue Crystal Products as at 30 September 2020. We are also told that the figures have to be amended to take into account further adjustments. Blue Crystal Products Trial Balance as at 30 September 2020 Debit Credite I RM RM Capital 99,000 Drawings 9,000 Vehicles 60,000 Trade payables 47,000 Trade receivables 37,000 Inventories (1 October 2019) 12,000- Rent 15,400 Telephone 1,800 Postage 300- Electricity 2,100 Bank 22,000 Returns inwards 4,000 Retum outwards 2,500 Provision for doubtful debts 900- Purchases 213,000 Sales revenue 370,000 Plant and equipment 147,000 Discount received 6,000 Bank charges 1,800 525,400 525,400 Additional information 22,000+ 4,000 2,500 900 Electricity Bank Returns inwards Return outwards Provision for doubtful debts Purchases Sales revenue Plant and equipment Discount received Bank charges 213,000 370,000 147,000 6,000- 1,800- 525,400 525,400- Additional information 1. Bad debt of RM2,000 has yet to be written offer 2. The provision for doubtful debts is to be 3% of trade receivables.- 3. There are unpaid bills for electricity RM200 and telephone RM300. 4. Rent is payable at RM3,300 per quarter and has been paid until the end of November 2020.- 5. The value of inventories at 30 September is RM16,500.- 6. Depreciation is to be provided on Plant and Equipment (25% reducing balance method). Required: Prepare a statement of profit and loss for Blue Crystal for the period ending 30 September 2020 and a statement of financial position at that date. (25 marks)