A university graduate student has extracted the following trial balance.

The amounts are correct per the ledger accounts, but entered under their incorrect headings of debit balances or credit balances.

Required

Re-draft the above trial balance showing the amounts of the various accounts under their correct headings of debit balances or credit balances.

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Capital Premises Motor vehicles Office equipment Sales Purchases Rates Wages and salaries Insurances General expenses Trade debtors Trade creditors Advertising Trial balance Dr Cr 51,000 37,000 8,000 4,000 16,400 9,200 1,100 4,100 500 1,100 6,700 5,000 700 48,300 96,500