Complete question 7.3 by drawing up a balance sheet as at 31 December 20X8.

Reference from in problem 7.3

Transcribed Image Text:

Trial Balance as at 31 December 20X8 Dr Cr General expenses Rent Motor expenses Salaries Insurance Purchases Sales Motor vehicle Creditors Debtors Premises Cash at bank Cash in hand 210 400 735 3,560 392 18,385 26,815 2,800 5,160 4,090 20,000 1,375 25 Capital 24,347 Drawings 4,350 56,322 56,322 Stock at 31 December 20X8 was 4,960.