The following Trial Balance was extracted from the books of Xplore Trading, on September 30,2019 Trial Balance as at September 30, 2019 Dr. Cr. 2,100,000 420,000 80,000 500,000 100,000 90,000 170,000 20,000 Details Sales Purchases Stock 1st Oct. 2018 NCB Bank Account Returns Inwards .Discount allowed Cash on Hand Returns Outwards Salaries & Wages Drawings Motor Vehicle Expense Land & Building kk Furniture & Fittings Motor Vehicle - Pick up Carriage inwards Trade Debtors Discount received Utilities Printing & Stationery Trade Creditors Capital Accumulated Depreciation -1.Oct.2018 Motor Vehicle Furniture & Fittings Land & Building 250,000 140,000 120,000 1,500,000 300,000 800,000 200,000 250,000 150,000 110,000 60,000 180,000 2,330,000 160,000 60,000 90,000 5,090,000 5,090,000 Notes: 1) Closing Stock at 30th September 2019 was $40,000. 2) Depreciation is charged as follows: Motor vehicle 20% p.a. reducing balance; furniture and fittings 10% pa straight line; land and building 2% p.a. straight line. 3) On September 30, 2019, $20,000 was paid in advance for wages and salaries. 4) $10,000 was owed for utilities on September 30, 2019. Required: (a) Prepare a Trading & Profit & Loss Account for the period ending September 30,2019. (25 marks (b) Prepare a Balance Sheet as at September 30,2019. (15 marks Total 40 marks