7.2 From the following trial balance of B Lare after his first year's trading, you are required to raw up a trading and gront and loss account for the year ended 30 June 20x8. A balance sheet is tting and heating expenses eries and wages rance tings res ry expenses rgs running expenses t 30 June 2008 was £16,280. Trial Balance as at 30 June 20X8 Dr 154,870 4,200 530 51,400 2,100 85,000 1,100 31,300 412 14,590 30,000 16,400 4,110 396,012 Cr £ 265,900 15,910 114,202 396,012​