Question 3

The following is a list of balances for Century for the period ended 30 April 2019. P
Capital	162,000
Vehicle at cost	180,000
Equipment at cost	120,000
Accumulated depreciation on: vehicles	90,000
Equipment 38,000
Inventory	70,000
Trade receivables	32,000
Bank	59,000
Cash	39,000
Trade payables	40,000
Loan	80,000
Sales	485,000
Cost of sales	240,000
Sales returns	5,000
Salaries and wages	84,000
Rent	28,000
Motor expenses	15,000
Telephone	7,000
Electricity and water	11,000
Insurance	4,000
Interest on loan	6,000
Commission income	5,000

REQUIRED:

Prepare the trial balance of Century for the year ended 30 April 2019(25 marks).

Question 3

The following is a list of balances for Century for the period ended 30 April 2019. P
Capital	162,000
Vehicle at cost	180,000
Equipment at cost	120,000
Accumulated depreciation on: vehicles	90,000
Equipment 38,000
Inventory	70,000
Trade receivables	32,000
Bank	59,000
Cash	39,000
Trade payables	40,000
Loan	80,000
Sales	485,000
Cost of sales	240,000
Sales returns	5,000
Salaries and wages	84,000
Rent	28,000
Motor expenses	15,000
Telephone	7,000
Electricity and water	11,000
Insurance	4,000
Interest on loan	6,000
Commission income	5,000

REQUIRED:

Prepare the trial balance of Century for the year ended 30 April 2019(25 marks).