An inexperienced bookkeeper has drawn up an incorrect trial balance. You are required to identify the error and prepare the new Trial Balance for the Year Ended December 2020. No 1 Sales 2 Equipment 3 Account Receivable Heads of Accounts 4 Inventory 5 Account Payable 6 Rental 10 11 Cash in Bank 7 Debtors and Creditors 8 Retained Earning 9 Water and Electricity bill Loan for 3 months 12 Salary Expenses 13 Bank Overdraft 14 Maintenance CP Unity (Pvt) Ltd Incorrect Trial Balance As on 31st December 2020 15 Stationery Expenses 16 Common Stock 17 Cost of goods sold 18 Capital 19 Cash at Bank 20 Drawing Total Ref Amount (RM) Debit 25,226 504 9,408 5,545 3,180 1,450 200 26,248 45,000 91,535 Credit 20,000 1,564 1,800 1,700 815 2,400 530 790 1,150 14,526 42,000 3000 90,275