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As at 3 1 . 0 3 . 2 0 2 3 , your business has the following balances on its ledger accounts. Balance Accounts
As at your business has the following balances on its ledger accounts.
Balance
Accounts
Bank loan
Cash at bank
Capital
Local business taxes
Trade accounts payable
Purchases
Sales
Sundry payables
Trade accounts receivable
Bank loan interest
Other expenses
Office furniture
Motor Vehicle at cost
Accumulated depreciation at
Debentures
Discount allowed
Returns outward
K
During the year the business made the following transactions.
a Bought materials for K Quarter for cash and the balance on credit
b Made K sales, K of which was for credit
c Paid wages to shop assistants of K in cash
d Wages accrued as at K
e Inventory as at
You are required to draw up a trial balance showing the balances as at the end of
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