No. ACCOUNT TITLE DEBIT CREDIT 1 Accounts payable $'000 $'000 2 Accounts receivable 540 3 Accumulated Depreciation of building at 1.8.2019 590 4 Accumulated Depreciation of Office equipment at 1.8.2019 50 5 Beginning inventory, 01 August, 2019 120 6 Building, at cost 720 7 Capital, at 01 August 2019 400 8 Cash at bank 970 Discount allowed 72 10 Discount received 25 11 Drawings 27 12 Interest expense 60 13 Land, at cost 44 14 Loans payable, due on 31.8.2033 300 15 Loans payable, due on 31.3.2021 350 16 Office equipment, at cost 50 17 Prepaid insurance 200 18 Purchases 90 19 Salary and wage expense 2,400 20 Sales 430 21 Sales return 4,123 22 Sundry operating expense 123 23 Transport - inwards expense 7 24 Transport - outwards expense 41 25 Utilities expense 88 Total 140 6,230 6,230