B. Good drew up the following trial balance as at 31 March 20X9.

Closing information included the following:
1. Inventories at the year end were valued at £35,650.
2. An accrual for wages of £400 has still to be posted.
3. The last rent payment (on 15 February) for £1,000 covered the period 1 February to 31 May 20X9.
4. A rates prepayment has been calculated at £250.
5. An accrual for sundry expenses of £110 has still to be posted.
6. Rent income owing at the year end amounted to £100.

Required
Prepare the statement of performance for the year ended 31 March 20X9 and the statement of financial position as at 31 March 20X9.

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Sundry expenses Rent received Office expenses Insurance Wages and expenses Telephone Purchases and sales revenue Motor expenses Rent Rates Carriage outwards Carriage inwards Returns outwards Return inwards Building Motor vehicle Fixtures Trade receivables and payables Cash Bank Drawings Capital Opening inventories Debit £ 1,090 560 525 4,580 1,250 125,560 569 2,500 1,250 546 200 560 230,000 12,500 5,365 28,560 12 5,562 28,590 449,779 Credit £ 200 189,560 302 48,560 32,250 178,907 449,779