1 From the following trial balance of B Morse drawn-up on conclusion of his first year in business, draw up a trading and profit and loss account for the year ending 31 December 2008. A balance sheet...

1

From the following trial balance of B Morse drawn-up on conclusion of his first year in

business, draw up a trading and profit and loss account for the year ending 31 December 2008.

A balance sheet is not required.

Stock at 31 December 2008 was £14,486.

(Keep your answer; it will be used later in Review question 8.3A)