The following is a trial balance which has been incorrectly drawn up:

In addition to the mistakes evident above, the following errors were also discovered:
1 A payment of £315 made to a creditor had not been posted from the cash book into the purchases ledger.
2 A cheque for £188 received from a customer had been correctly entered in the cash book but posted to the customer's account as £180.
3 A purchase of fittings £407 had been included in the purchases account.

4 The total of the discounts allowed column in the cash book of £42 had not been posted into the general ledger.
5 A page of the sales day book was correctly totalled as £765 but carried forward as £675.
Show the trial balance as it would appear after all the errors had been corrected. Show all your workings.

Transcribed Image Text:

Capital 1 February 2015 Drawings Inventory 1 February 2015 Trade accounts receivable Furniture and fittings Cash in hand Trade accounts payable Sales Returns inwards Discount received Business expenses Purchases Trial Balance at 31 January 2016 7,845 19,500 8,410 34,517 2,400 836 6,890 127,510 2,438 1,419 3,204 72,100 107,304 179,765