1 From the following trial balance of King fire, extracted after one year of operations, prepare a trading and profit and loss account for the year ending 30 June 2008, together with a balance sheet...

1

From the following trial balance of King fire, extracted after one year of operations, prepare

a trading and profit and loss account for the year ending 30 June 2008, together with a balance

sheet as at that date.

Stock on 30 June 2008 was £3,000.