Draft the Trial Balance, Problem - Prepare Trial Balance as

Draft the Trial Balance

Assignment Help Accounting Basics

Reference no: EM132760232

Problem - Prepare Trial Balance as at 31st March, 2006 from the following information taken from the books of Ann

Cash in hand 4,200

Cash at Bank 16,800

Accounts Receivable 18,000

Accounts payable 16,000

Sundry debtors 24,600

Sundry creditors 32,400

Capital 50,000

Drawings 18,000

Sales 105,000

Purchases 75,000

Carriage Inward 2,700

Salaries 12,000

Advertisement 2,400

Insurance 1,600

Furniture 7,500

Stock, 31 st Mar 2005 18,600

Office Rent 2,000

Required - Draft the Trial Balance as at 31.03.2006 and balance it.

Reference no: EM132760232

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