Extract a trial balance ? Hi all, this is the second part of a question, I hope the first part is done right ( I had requested here before and I will post the solution provided by another chegg user. might be needed for part B)

PLEASE ANSWER PART B

FULL PART OF THE QUESTION ------

Vale has been in business for some years. The following balances were brought for-

ward in his books of account as at 31 December 2004:

During the year to 31 December 2005 the following transactions took place:

1 Goods bought from Dodd on credit for 30 000.

2 Cash sales of 20 000.

3 Cash purchases of 15 000.

4 Goods sold to Fish on credit for 50 000.

5 Cheques sent to Dodd totalling 29 000.

6 Cheques received from Fish totalling 45 000.

7 Cash received from Fish amounting to 7000.

8 Office expenses paid in cash totalling 9000.

9 Purchase of delivery van costing 12 000 paid by cheque.

10 Cash transfers to bank totalling 3000.

PART A ANSWERED BY A CHEGG USER

Compile Vales ledger accounts for the year 31 December 2005, balance off the

accounts and bring down the balances as at 1 January 2006.

"

1.Puchases A/c debit 30000 euros 2.Cash A/c dr 20000 3.Purchases 15000 4.Fish 50000

To dodd a/c cr 30000 euros to sales cr 20000 to cash 15000 to sales 50000

5.Cash balance in cash book reduces by 29000 6.Cash balance increased by 45000 in cash book.7.Cash ac dr to fish a/c cr 7000

8.Cash balance reduced by 9000 euros 9.Bank balance reduced by 12000 10.Cash a/c balance in cash book reduced by 3000 and bank balance increased by 3000 " PART B WHICH I NEED TO KNOW (ONLY THIS ONE) !

(b) Extract a trial balance as at 31 December 2005.