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6. The following is a list of balances drawn from the ledger accounts of Katlo sole proprietorship as at 31December 2020. (10 marks) Capital 15

6. The following is a list of balances drawn from the ledger accounts of Katlo sole proprietorship as at 31December 2020. (10 marks)

Capital 15 000

Furniture and fixtures 5 000

Buildings 10 000

Creditors 5 000

Debtors 3 000

Cash 2 000

Sales 10 000

Cost of sales 8 000

General and administrative expenses - 2000

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