2020

9.3 From the following trial balance of G Still, draw up a trading and profit and loss account for the year ended
30 September 2013, and a balance sheet as at that date.

Trial Balance as at 30 September 2013

Dr. Cr.
$ $
Stock 1 October 2012 41,600
Carriage outwards 2,100
Carriage inwards 3,700
Returns inwards 1,540
Returns outwards 3,410
Purchases 188,430
Sales 380,400
Salaries and wages 61,400
Warehouse rent 3,700
Insurance 1,356
Motor expenses 1,910
Office expenses 412
Lighting and heating expenses 894
General expenses 245
Premises 92,000
Motor vehicles 13,400
Fixtures and fittings 1,900
Accounts receivable 42,560
Accounts payable 31,600
Cash at bank 5,106
Drawings 22,000
Capital 68,843

Stock at 30 September 2013 was $44,780.

1
 2020
9.4: The following trial balance was extracted from the books of F Sorley on 30 April 2013. From it, and the
note about stock, prepare his trading and profit and loss account for the year ended 30 April 2013, and a
balance sheet as at that date.

Trial Balance as at 30 April 2013

Dr. Cr.
$ $
Sales 210,420
Purchases ----------------------------------------------------------------------- 108,680
Stock 1 May 2012 9,410
Carriage outwards ----------------------------------------------------------------------- 1,115
Carriage inwards 840
Returns inwards ----------------------------------------------------------------------- 4,900
Returns outwards 3,720
Salaries and wages ----------------------------------------------------------------------- 41,800
Motor expenses 912
Rent ------------------------------------------------------------------------ 6,800
Sundry expenses 318
Motor vehicles ------------------------------------------------------------------------ 14,400
Fixtures and fittings 912
Accounts receivable ------------------------------------------------------------------------ 23,200
Accounts payable 14,100
Cash at bank ------------------------------------------------------------------------ 4,100
Cash in hand 240
Drawings ------------------------------------------------------------------------ 29,440
Capital 18,827

Stock at 30 April 2013 was $11,290.

2
 2020
9.5: The following is the trial balance of T Owen as at 31 March 2009. Draw up a set of financial statements for
the year ended 31 March 2012.

Trial Balance as at 31 March 2012

Dr. Cr.
$ $
Stock 1 April 2011 52,800
Sales 276,400
Purchases 141,300
Carriage inwards 1,350
Carriage outwards 5,840
Returns outwards 2,408
Wages and salaries 63,400
Business rates 3,800
Communication expenses 714
Commissions paid 1,930
Insurance 1,830
Sundry expenses 208
Buildings 125,000
Accounts receivable 45,900
Accounts payable 24,870
Fixtures 1,106
Cash at bank 31,420
Cash in hand 276
Drawings 37,320
Capital 210,516

Stock at 31 March 2012 was $58,440.