The trial balance of Ahoofe Enterprises as at 31st December 2020 was as follows:

	Dr  GH¢	Cr GH¢
Fixtures and fittings	120,000
Motor Vehicle	44,000
Debtors and creditors	9,400	7,600
Purchases		184,900
Salos	60,300	2,500
Discounts	2,900
Electricity	3,100
Stock (1/1/2020)	16,300
Cash	54,600
Carriage inward	4,000
Distribution expenses	2,200
Returns	4,500	3,000
Rent	24,000
Interest expenses	3,500
Loan		30,000
Capital		121,200

                                                                           349,200                    349,200
 

Additional information:  
(i) Depreciation for all fixed assets is at 15% per annum on cost;

(ii) Electricity prepaid was GH¢ 640 and rent in arrears was GH¢ 12,000; 

(iii) Closing stock was valued at GH¢ 24,200.

You are required to prepare:
(a) Trading, Profit and Loss Account for the year ended 31st December 2020,
(b) Balance Sheet as at 31st December 2020.