The following is the trial balance of J Smailes as final accounts for the year ended 31 March 19X6.

at 31 March 19X6. Draw up a set of Dr Cr

£ £

Stock 1 April 19X5 18,160 Sales 92,340 Purchases 69,185 Carriage inwards 420 Carriage outwards 1,570 Returns outwards 640 Wages and salaries 10,240 Rent and rates 3,015 Communication expenses 624 Commissions payable 216 Insurance 405 Sundry expenses 318 Buildings 20,000 Debtors 14,320 Creditors 8,160 Fixtures 2,850 Cash at bank 2,970 Cash in hand 115 Loan from K Ball 10,000 Drawings 7,620 Capital 40,888 Stock at 31 March 19X6 was £22,390.