3.16 An accounts clerk has compiled Trent’s trial balance as at 31 March 2006 as follows:

Required:
Compile Trent’s corrected trial balance as at 31 March 2006.

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Dr Cr Bank (overdrawn) 2000 Capital 50000 Discounts allowed 5000 Discounts received 3000 Dividends received 2000 Drawings 23000 Investments 14000 Land and buildings 60000 Office expenses 18000 Purchases 75 000 Sales 250000 Suspense (unexplained balance) 6000 Rates 7000 Vans 20000 Van expenses 5000 Wages and salaries 80000 310000 310000