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need answer Indicate against each amount whether it is a debit or a credit balance, and prepare a trial balance as at March 31, 20X4
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Indicate against each amount whether it is a debit or a credit balance, and prepare a trial balance as at March 31, 20X4 besed on the following balances: Capital 116,000 Drawings 16,000 Mochinery 20,000 Sales 200,000 Purchases 210,000 Sales return 20,000 Purchases return 30,000 Woges 40,000 Goodwill 60,000 Interest received 15,000 Discount allowed 6,000 Bank overdraft 22,000 Bank loan 90,000 Debtors: Nathu 55,000 Roope 20,000 Creditors: Reena 35,000 Ganesh 25,000 Cosh54,000Step by Step Solution
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