An inexperienced bookkeeper prepared the following trial balance that does not balance. Prepare a correct trial balance, assuming all account balances are normal.

Akwesi Ltd

Trial balance as at $31$ December $2023$

Debit

Credit

Long term debt

$14,952$

Prepaid insurance

$3,582$

Retained earnings, $31/12/22$

$15,684$

Cost of sales

$84,750$

Equipment

$88,200$

Accounts payable

$9,468$

Accounts receivable

$5,082$

Advertising expense

$2,520$

Cash

$9,648$

Accumulated Depreciation

$948$

Share capital

$60,240$

Income tax expense

$1,956$

Insurance expense

$2,808$

Sales

$107,088$

Electricity expense

$2,508$

Salaries expense

$10,452$

Salaries payable

$3,126$

$157,092$

$265,920$