Veronica is the owner of a manufacturing business. The following trial balance was extracted from her books as at 31 December 20X2:

The following information was also made available:
1. Expenses are to be allocated as follows:
.............................. Factory ................ Administration
Electricity and power ..... 90% ......................... 10%
Repairs ...................... 80% ......................... 20%
Rates and insurance ........ 70% ......................... 30%
2. Closing inventories included: raw materials £5,600; loose tools and utensils £3,200; finished goods £7,800; and work-in-progress £5,000.
3. Bad debts amounting to £1,000 are to be written off and the provision for doubtful debts reduced to £1,200.
4. The following amounts have yet to be provided for in the trial balance: electricity and power £1,600 and new machinery £1,000.
5. The following amounts have been prepaid as at the year end: rates £600 and vehicle licenses on sales representatives' cars £80.
6. A vehicle costing £3,000 and written down to £1,000 was sold for £1,200. None of these entries have been recorded in the trial balance as the bookkeeper did not know how to adjust for the sale.
7. Annual depreciation on plant and machinery and on motor vehicles is to be provided using the reducing balance method. The rates used for each class of asset are 15 per cent (plant and machinery) and 20 per cent (motor vehicles).
8. An invoice for £200 for repairs to the building had been incorrectly posted to the administration expenses account.
9. A building costing £100,000 was purchased using a long-term loan on 1 January 20X2. Interest payable on the loan is 10 per cent per year. No entries for this transaction have been included in the trial balance. It has been decided to depreciate buildings at 5 per cent on cost.
Required
Prepare the following:
The manufacturing account and the statement of profit and loss for the year ended 31 December 20X2.
The statement of financial position as at 31 December 20X2?

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Dr Cr Cash in hand Bank 200 7,220 7,160 Purchase ledger balances Soles ledger bolances Provision for doubtful debis Administration expenses Electricity and power Soles expenses Repoirs to building Rates and insurance Factory weges Administrotion wages Soles deportment wages Salas revenue Raw material purchases Purchases of tools and utensils Opering inventories 12,200 2,000 5,620 12,000 2,880 2,000 3,200 27,280 10,800 6,000 132,000 37,000 1,600 - Raw maieriols 6,600 5,000 12,000 2,400 8,000 - Work-in-progress - Finished goods - Loose tools and utensils Motor vehicles (selling and distribution) Provision for depreciation on motor vehicles Plant and machinery Provision for depreciation on plant and machinery Land Capital account 5,600 29,000 14,000 30,000 45,800 13,70 213,780