redraft the trial balance in the correct form

n 3 Trial Balance is a statement that can be prepared at any time depending on the eed of the organization to check the arithmetical accuracy of the Ledger. With this nowledge in mind answer the following questions below: The Trial Balance is rithmetically correct but some of the balances are misplaced and the trial balance loes not balance. Required Redraft the trial balance in the correct form. (13 marks) Capital 19 000 Sales 40 980 Drawing's 2300 Cash 156 Advertising 2 354 Opening inventory 2 548 Rent and rates 3 400 Returns inwards 252 Purchases 28 700 Returns out wards 350 Commissions expense 10 230 Salaries 7 530 Bank 2860 61 600 59 060 Certain transactions took place after correcting the trial balance. These events had a double effect on the trial balance: Sold goods $560 in cash, paid salaries by cheque $4000, Bought goods $450 on credit. Required Show the double effect of the transactions on figures in the trial balance by drawing up a new trial balance. (7 marks) (Total 20 marks)