DEbit ( F ) Credit ( R} ) Capital - 1 April 2016 325 000. 00 Drawings 1625. 00 Land and buildings 138 750.00 Furniture and equipment 146 250. 00 Motor vehicles 152 750. 00 Accumulated depreciation : Furniture and equipment - 1 23. 400. 00 April 2016 Accumulated depreciation : Motor vehicles - 1 April 2016 21 385. 00 Fixed deposit ( Havana ) 39 0.00. 00 Bank $ 450. 00 Debtors control 14 625. 00 Allowance for credit losses - 1 April 2016 438. 75 Allowance for settlement discount granted - 1 April 2016 175.50 Petty cash 1 787 . 50 Trading inventory $: 937. 50 Mortgage loan 152 50.0. 00 Creditors control 17 225. 00 Cash float $ 3.87. 50 Rent deposit 16 250.00 Credit card account 45 637.50 SARS ( UIF / SOL / PAYED 1 1 862.50 Sales 595 657.50 Sales returns 26.422.50 Cost of Sales 289 181.75 SERVICE INCOME* 35 562.50 Interest on fixed deposit 11 375. 00 Rent income* 28 1 12.50 Interest on debtors accounts 5 362.50 Credit losses recovered 2 762.50 Electricity 11 635 . 00 Credit losses 3. 965. 00 Fuel 7 085.00 Postage and stationery* 1 755. 00 Cleaning materials 3 152.50 Insurance* 5.922.50 Advertising Expenses $ 327.50 Interest on creditors accounts 2 827.50 Rent EXPENSE 5 0.05. 00 Bank charges 1 495. 00 Repairs and maintenance 5 3:30.00 Wages and salaries 85.540.00 1 292 456. 75\\ 1 292 456.75