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1. Steve James extracted the following balances from his Ledger on 30 June 2002. You are required to prepare a Trial Balance as at
1. Steve James extracted the following balances from his Ledger on 30 June 2002. You are required to prepare a Trial Balance as at that date. $ $ Purchases 54,750 Sales Stationery 800 68,500 Debtors 11,300 Drawings 3,000 Creditors 13,000 Purchases returns 400 Motor vehicles 20,000 Sales returns 300 Discount received Office equipment 10,500 600 Discount allowed Carriage inwards 2,600 750 Carriage outwards 1,650 Commission received 1,370 Cash at bank 4,550 Rent 4,800 Capital 56,000 Wages 10,800 Stock as at 1 July 2001 11,170 General expenses 2,900
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