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answer please Indicate against each amount whether it is a debit or a credit balance, and prepare a trial balance as at March 31, 20X4
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Indicate against each amount whether it is a debit or a credit balance, and prepare a trial balance as at March 31, 20X4 bosed on the following balances: Copital 116,000 Drawings 16,000 Machinery 20,000 Sales 200,000 Purchases 210,000 Sales return 20,000 Purchases return 30,000 Wages 40,000 Goodwill 60,000 Interest received 15,000 Discount allowed 6,000 Bank overdraft 22,000 Bank loan 90,000 Debtors: Nathu 55,000 Roopo 20,000 Creditors : Reena 35,000 Ganesh 25,000 Cosh 54,000Step by Step Solution
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