A business keeps incomplete records.

From the list below, write the items for which no records are kept.

Total sales

Total purchases

Value of goods stolen

Amount of money owed to the business

What the business owes for goods purchased on credit

Capital

Creditors

All expenses

Mr R. Wynter operates a grocery shop. He keeps an incomplete set of records. The details of the business at September 30, 2022 were as follows:

Cash 600

Bank 900

Debtors 8750

Creditors 9375

Stock 6500

Motor Van 3000

Premises 5000

Mr wynters capital was $27500 at October 1, 2021. Wynter withdrew $300 each month for his private use.

He agrees that his motor van should be depreciated by $600 and his premises by $200.

You are required to:

Prepare Mr Wytners Balance Sheet, showing his financial position on September 30, 2022.

Prepare a statement to show Mr Wytners profit or loss for the year October 1, 2021 - September