Mr.Hafiz is a merchandising enterprise that has business operations in Ipoh, Perak. The following trial balance has been extracted from the enterprise's books as at 31 March 2022. Hafiz Enterprise Trial Balance as at 31 March 2022 Debit Credit Accumulated depreciation: Descriptions Purchases and sales Plant and machinery Vehicles Land and building Plant and machinery Vehicles Discounts RM RM 377,000 950,000 432,000 102,000 525,000 175,000 39,000 Returns Carriage inwards Carriage outwards Custom duties Drawings Allowance for receivable 1,500 44,000 760 12,200 4,700 5,500 15,400 3,600 2,000 Salaries and wages 300,000 Electricity and water 65,000 Rent and rates 4,000 Insurance 55,000 Mortgage on land and building 350,000 Repairs and maintenance 6,300 Commission received 95,000 Accounts receivable 187,000 Accounts payable Cash at bank Capital Inventory 166,500 41,000 429,540 51,000 2,220,000 2,220,000