Question One Mary Ovo Enterprises List of Balances as at 31 December 2018 Cash 76,155 Bank 149,835 Trade Receivables 11,970 Capital 330,000 Rent 10,800 Furniture & Fittings 21,000 Purchases 57,405 Interest Income 1,500 Bad Debts 2,100 Drawings 3,600 Return Inwards 240 Sales 96,570 Motor Vehicles 90,000 9% Treasury Bills 36,000 Salary 4,980 15% Loan Debenture 30,000 Carriage Inwards 600 Carriage Outwards 2,100 Insurance 900 Discount Allowed 900 Discount Received 390 Interest on Debentures 225 Return Outwards 330 Trade Payables 19,200 Provision for Dep50, 820 Required: From the list of balances above, you are required to prepare the Trial Balance as at 31" December 2018 Question Two Neepo Ltd has the following transactions for the first week of January 2017. 1" Started business with cash at N500,000