The following balances were taken from Dhofar Company 31.12.2020

Purchases	40 000
Sales	75 000
Sales Returns	7 500
Purchases Returns	10 000
Opening Stock	15 000
Rent Revenues	5 000
Interest Expenses	6 000
Salaries	9 000
Electricity Expenses	2 000
Phone Expenses	3 000
Depreciation Expenses	5 000
Interest Revenues	7 500
Capital	??
Cash	50 000
Creditors = Accounts Payable	15 000
Buildings	35 000
Cars	40 000
Overdraft	12 500
Debtors = Accounts receivable	5 000
Bank	100 000
Furniture	30 000
Land	17 500
Loans	32 500
Marketable Securities	22 500
Machines	17 500

Closing Stock was 17,500 at 31/12/2020

Required

1. Prepare the Trial balance and find out Capital.

2. Prepare Trading Account, Profit and Loss Account and Balance sheet

Trial Balance

Account's name	Dr	CR
Purchases
Sales
Sales Returns
Purchases Returns
Opening Stock
Rent Revenues
Interest Expenses
Salaries
Electricity Expenses
Phone Expenses
Depreciation Expenses
Interest Revenues
Capital
Cash
Creditors = Accounts Payable
Buildings
Cars
Overdraft
Debtors = Accounts receivable
Bank
Furniture
Land
Loans
Marketable Securities
Machines

Trading account

Profit and loss Account

Balance Sheet

Current Assets: Fixed Assets:	Current Liabilities: Long-term Liabilities: Owners equity: