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1. your are required. Following trail Balance has been prepared wrongly. and You are asked to prepare the Trial Balance correctly.and rectify the errors occurred
1. your are required. Following trail Balance has been prepared wrongly. and You are asked to prepare the Trial Balance correctly.and rectify the errors occurred in the trail Balance Name of Account Debit Balance $ Credit Balance $ 2,000 4,000 8,000 12,000 8,000 Cash in hand Purchases Returns Wages Establishment Expenses Sales Returns Capital Carriage Outward Discount Received Commission Earned Machinery Stock 22,000 2,000 1,200 800 20,000 10,000 Debtors 8,000 Creditors 12,000 44,000 Sales Purchases 28,000 14,000 Bank Overdraft Manufacturing Expenses 14,000 Loan from Adam 14,000 1,000 Carriage Inward Interest on Investments 1,000 1,13,000 1,13,000
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