00W : Notes: i. Stocks at the end of year Rs 124,950 ii. Prepayments : Insurance 1,200 Rent and rates 800 111. Accrued expenses; Motor vehicle expenses Rs 1,600 General expenses Rs 900 iv. Depreciation to be charged on straight line basis; Motor vehicle 5% Furniture 10%. (6 marks) (6) The following balances were extracted from the ABC Company on 30 December 2019. Using the balances and the notes given below prepare the following Profit and Loss account for the year ended 31 December 2019. (6 marks) . Balance sheet as at that date Talle 03:1 Trial balance as ar 30 December 2019 Dehlt (R) Credit RO 854,200 ? 413.900 94,400 573.800 112,400 74.150 70.000 25.900 50,250 Capital Purchases Opening stock Sales Trade debtors Trade creditors Balances at bank Cash K Drawings AR E Motor vehicle expenses 1600 Motor vehicle Furniture E Rent and rates Respu fbb foo Salaries E Jelectricity General expenses And 900 Arred Elitsurance Prepay - 1200 - 16,200 600,000 15.000 14.800 VUR 61.200 16,650 2.800 8.650 1.502.150 1.50311502050 02.150.00