(10 marks) QUESTION 3 Cr The following trial balance appeared in the records of Mango Limited on 31 December 2019. Mango Limited's Trial balance as at 31 December 2019 Dr Capital 15 910 Equipment 4 800 Accounts receivable 10 200 Bank 7 800 Accounts payable 1 350 Income 19 500 Rent expense 3 600 Wages 300 Advertising 150 Total 36 160 36 160 Additional information: Some amounts might be on the wrong side (column). The total of the debit entries in the bank account was N$22 875 and the total of the credit entries amounted to N$5 375. An amount of N$300 was received from an accounts receivable but was not posted to the accounts receivable account. N$150 was paid to an account payable. This transaction was recorded but not posted to any account. The first two figures in the advertising account were transposed by the bookkeeper when transferring the amount from the ledger to the trial balance. REQUIRED: Prepare the correct trial balance for Mango Limited as at 31 December 2019 by taking into account the additional information given above. (10) BENDITA ANG Quiz navid Question 34 2 Not yet Below find a preadjusting trial balance of James Bond Entity until 31 December 2019. The accountant asked for your assistance with the preparation of the financial statements of James Bond Entity for the reporting period ended 31 December 2019: 10 11 Marked out of 7 DR CR N$ N$ 19 20 P Flag question Sales 2 724 000 28 Purchases 1 872 000 12 000 Finish atten Freight in Returns Inwards 40 000 Time left 1:2 15 000 Return outwards Credit losses/ Bad debts 37 450 Rent expense 74 450 120 000 245 000 Stationery Employee Benefit expenses Water and electricity Depreciation Inventory (1 January 2019) 58 300 46 000 200 000 ADDITIONAL INFORMATION: 1. On 3 October 2019 ceivable Namibre (Pty) Ltd's debt was written off as irrecoverable. (This write-off has already been appropriately recognised.) On 31 December 2019 the liquidator of Receivable Namibre (Pty) Ltd's insolvent estate deposited an amount of NS50 000 directly into James Bond Entity's bank account by means of an EFT. This amount is James Bond Entity's portion of a liquidation distribution made to Receivable Namibre (Pty) Ltd's payables 2. An inventory count of Tradina Inventory on hand on 31 December 2019 determined that the rost of Trading