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10. Prepare a full accounting system including purchases ent of financial position (balance sheet) are not regun and sales books up to the trial balance

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10. Prepare a full accounting system including purchases ent of financial position (balance sheet) are not regun and sales books up to the trial balance Rakesh owns a wholesale business providing office supplies. His business's trial balance on 31 July 2018 was as follows. Trial balance at 31 July 2018 Cr Dr $ $ 36 380 22410 12 320 5440 14850 50 000 3360 Accounts payable: Kingbridge Manufacturing Co. Leon Products Ltd Accounts receivable: Latoya Retail Unit Murray Stationery Bank Bank loan Bank loan interest Capital Cash Drawings General expenses Premises Purchases Sales Vehicles Wages 426000 4970 38450 31375 600 000 535 280 847685 68 000 68430 1382475 1382475

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