Jay Shah has the following balances as at 31 December in his accounts.

Required:
(i) Jay Shah’s trial balance as at 31 December.
(ii) An indication of which balances are assets, liabilities, capital, income or expenses.

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Capital Motor car Building 45,300 Purchases returns 500 3,000 Bank 3,600 70,000 Electricity 1,400 Office furniture 400 Business rates 1,800 A. Smith (debtor) 250 Rent 1,600 J. Andrews (creditor) 350 Wages 3,500 T. Williams (creditor) 550 Long-term loan 9,000 G. Woolley (debtor) 150 Sales 100,000 Purchases 70,000