The Trial Balence of Buyout Traders at September 30, 2022 was prepared by the accountant who provided the closing clook as shown below Sales DR. CR 112 500 Refumed Inwards 2260 Returned outwards 376 Opening tlook 7600 Purchases 62500 Commission Restved 2000 Discount Received 1600 Wages and salaries 10600 Rent 17260 Drawings 7600 Insurance 1600 Capital 37600 Premice 16000 Travelling 1600 Machinery and equipment 16000 Debtors 11260 Creditors 2260 Bank 4126 Cash 3000 Carriage Inwards 760 General expences 7500 163 126 103 126 Closing Inventory 000 1. Prepare the following for Buyout Traders (Use correct headings) statement Trading and Profit or Loss (16 marks) statement of Financial position (16 marks) Buyout Traders Trial Balance As At September 30, 2022