Thanks guys.
The purchases were for PC/Printer etc
I factored in 200 for Depreciation
So, start again:
Sales 25,000
Purchases 500
Gross Trading Profit 24,500
Motor 500
fees 1,000
Light, Heat, Phone 1,000
Rent 2,100
Repairs & Renewels 200
Depreciation 200.
Drawings 19,500
For arguement sake say...