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35.5A A. Bell has kept records of his business transactions in a single entry form, but he did not realise that he had to record cash drawings. His bank account for the year 2015 is as follows: Balance 1.1.2015 Receipts from debtors Loan from F. Tung f 920 94,200 2,500 Cash withdrawn from bank Trade accounts payable Rent insurance Drawings Sundry expenses Balance 31.12.2015 E 12,600 63,400 3,200 1,900 11,400 820 4,300 97,620 97,620 1 Part 6 Special accounting procedures Records of cash paid were: Sundry expenses 180; Trade accounts payable 1,310. Cash sales amounted to 1,540. The following information is also available: 31.12.2014 31.12.2015 f Cash in hand 194 272 Trade accounts payable 7,300 8,100 Accounts receivable 9,200 11,400 Rent owing 360 Insurance paid in advance 340 400 Van (at valuation) 5,500 4,600 Inventory 24,200 27.100 You are to draw up a statement of profit or loss for the year ending 31 December 2015, and a state- ment of financial position as at that date. Show ll of your workings