Aa The following balances were taken from the accounting records of Steel Eagle (Pty) Ltd for the year ended 30 June 2022 Capital Drawings Mortgage loan (8% per annum) Land and buildings Dr R Cr R 715 000 60 500 275 000 445 500 Furniture and Equipment 77 000 Bank 77 500 Inventory (1 July 2021) 550 000 Debtor's control 451 000 Fixed deposit 204 600 Creditor's control 495 000 Sales 2 750 000 Purchases 1 556 500 Commission received 4 400 Rent income 13 200 Freight charges on 27 500 purchases Advertising 53 900 Insurance 27 000 Credit losses 14 300 Administrative expenses 165 000 Property rates and taxes 52 800 Interest expenses 16 500 Water, electricity, and 55 000 telephone Salaries 418 000 4 252 600 4 252 600 The following transactions have not been accounted for in the above trial balance at 30 June 2022. Q Search