3 An accountant has inserted all the relevant figures into the trade payables account, but has not yet balanced off the account. TRADE PAYABLES ACCOUNT $ $ Cash at bank 100,750 Balance b/d 250,225 Purchases 325,010 Assuming there are no other entries to be made, other than to balance off the account, what is the closing balance on the trade payables account? O $474,485 DEBIT o $575,235 DEBIT o $474,485 CREDIT $575,235 CREDIT (2 marks)