MIDWAY TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 29 FEBRUARY 2020 Balance sheet accounts section Capital Drawings Land and buildings Vehicles at cost Equipment at cost Debit (R) Credit (R) 1 656 600 134 200 1 254 900 945 000 650 000 Accumulated depreciation on vehicles Accumulated depreciation on equipment Fixed deposit: Pep Bank (8% p.a.) 528 000 365 200 198 000 Trading inventory 155 000 Debtors control 176 600 Provision for bad debts 9 900 Bank 137 800 Creditors control 184 800 Mortgage loan: Pep Bank (20% p.a.) 330 000 Nominal accounts section Sales Cost of sales Sales returns Salaries and wages Motor expenses Bad debts Stationery Rates and taxes Advertising Telephone Electricity and water Bank charges Insurance Interest on fixed deposit Rent income 2 070 000 794 000 13 000 587 000 18 000 30 000 58 000 32 000 23 000 44 000 66 000 8 000 10 000 14 000 176 000 5 334 500 5 334 500