Conversion of list of balances into trial balance 1.

The following list of balances were extracted from Quinceys ledger at 31 December 1992

$ Sales 36,000

Purchases 25,000

Return Inwards 820

Return Outwards 400

Stock at 1.1.1992 2,500

Wages 4,000

Rent and Rates 1,600

Carriage Inwards 750

Carriage outwards 925

Interest Income 600

Premises 20,000

Provision for depreciation of premises 2,000

Motor Vehicles 8,000

Provision for depr. of motor vehicles 4,000

Trade debtors 4,500

Trade creditors 1,250

Provision for doubtful debts 200

Balance at bank 1,225

Capital 30,750

Drawings 5,880

Required: Prepare a trial balance for Quinceys as at 31 December 1992