QUESTION THREE Below is a trial balance for Covid Banda, a sole trader extracted from the ledger for the year ended 31 December 2017: Covid Banda's Trial Balance as at 31 December 2017 Dr Cr K'000 K'000 Cash in hand 2,400 Bank overdraft 10,500 Capital at 1 January 2017 50,200 Trade receivables and payables 35,500 17,165 Allowance for receivables 1,420 Returns inwards 5,100 Returns outwards 3,400 10% Bank loan repayable 2030 100,000