On 31 December 2012, after the first 6 months of trading, Kool Kate Ltd has 180 items that cost £20 each and can be sold for £45 each, and 200 items that cost £14 each and can be sold for £16 each. The account balances at 31 December 2012 were as follows;

Required Prepare a trial balance for Kool Kate Ltd at 31 December 2012.

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Capital at 1 July 2012 10,000 Sales revenue 52,400 Salaries 14,400 Purchases 38,700 Cash in hand 300 Bank overdraft 2,800 Vehicles 4,000 Equipment 1,000 Returns inward 900 Returns outward 800 Advertising 3,400 Carriage inward 960 Discounts allowed 1,200 Discounts received 680 Telephone and Internet 600 Shop overheads 1,220