Preparing a trial balance On 31 March 2015 the owner of a business extracted the following list
Question:
Preparing a trial balance On 31 March 2015 the owner of a business extracted the following list of balances from the accounting system.
Prepare a trail balance at 31 March 2015.
Transcribed Image Text:
Сapital 13 700 Cash at bank 600 Cash in hand 100 Trade payables 2 500 Trade receivables 1 400 Drawings 2 200 Electricity 300 Furniture 14 900 Loan interest 500 Purchases 7700 Salaries 11 200 Sales 22 700
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Hello Triable Balace as on31 March 2015 Capiotal ...View the full answer
Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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