16.6A F. Brown drew up the following trial balance as at 30 September 2020. You are to draft the income statement for the year ending 30 September 2020 and a balance sheet as at that date. Dr f 49,675 28,600 4,420 112 38,100 26,300 72,410 5,650 7,470 391,400 Capital as at 1 October 2019 Drawings Cash at bank Cash in hand Accounts receivable Accounts payable Inventory: 30 September 2019 Van Office equipment Sales Purchases Returns inwards Carriage inwards Returns outwards Carriage outwards Motor expenses Rent Telephone charges Wages and salaries Insurance Office expenses Sundry expenses 254,810 2,110 760 1,240 2,850 1,490 8,200 680 39,600 745 392 216 468,615 468,615 Inventory at 30 September 2020 was 89,404