$ $ Capital 19 000 Sales 40 980

Drawings 2 300 Cash 156

Advertising 2 354

Opening inventory 2 548 Rent and rates 3 400 Returns inwards 252 Purchases 28 700

Returns outwards 350

Commissions expense 10 230

Salaries 7 530

Bank 2 860 61 600 59 060

Certain transactions took place after correcting the trial balance. These events had a double effect on the trial balance:

Sold goods $560 in cash; paid salaries by cheque $4000; Bought goods $450 on credit. Required

Show the double effect of the transactions on figures in the trial balance by drawing up a