QUESTION 3 TRIAL BALANCE (20 MARKS) Use the information below to draw up the Trial Balance of Voerman's Butchery on 31 May 2022 and determine the missing amounts. Use folio numbers. (Note: You will have to calculate the amounts for Bank and Cost of Sales. (The store charges a 100 % mark-up on the cost price) (Round off to the nearest rand where necessary). Drawings (B2) R50 000 Land and buildings R150 000 Capital (B1) R850 000 Sales R250 000 Water and electricity R 1 000 Vehicles R100 000 Cost of sales ? Debtors Control R20 000 Cash float R500 Creditors Control R12 000 Petty cash R350 Rent income R14 000 Bank ? Trading stock R28 200 Salaries R10 000 Vehicle expense R1 500 Calculations: 7 Answers to Question 3: TRIAL BALANCE OF VOERMAN'S BUTCHERY ON 31 MAY 20" Fol. Debit Credi 7/8 Balance Sheet Accounts Section Answers to Question 3: TRIAL BALANCE OF VOERMAN'S BUTCHERY ON 31 MAY 2022 Fol. Debit Credit Balance Sheet Accounts Section Nominal Accounts Section Total QUESTION 3 TRIAL BALANCE (20 MARKS) Use the information below to draw up the Trial Balance of Voerman's Butchery on 31 May 2022 and determine the missing amounts. Use folio numbers. (Note: You will have to calculate the amounts for Bank and Cost of Sales. (The store charges a 100 % mark-up on the cost price) (Round off to the nearest rand where necessary). Drawings (B2) R50 000 Land and buildings R150 000 Capital (B1) R850 000 Sales R250 000 Water and electricity R 1 000 Vehicles R100 000 Cost of sales ? Debtors Control R20 000 Cash float R500 Creditors Control R12 000 Petty cash R350 Rent income R14 000 Bank ? Trading stock R28 200 Salaries R10 000 Vehicle expense R1 500 Calculations: 7 Answers to Question 3: TRIAL BALANCE OF VOERMAN'S BUTCHERY ON 31 MAY 20" Fol. Debit Credi 7/8 Balance Sheet Accounts