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 2 000 Electricity Expenses Phone Expenses 3 000 Depreciation Expenses 5 000 Interest Revenues 7 500 Capital ?? Cash 50 000 15 000 Creditors = Accounts Payable 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 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 Kiel Balance 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 Overdratt Debtors = Accounts receivable Bank Furniture Land Loans Marketable Securities Machines Trading account Profit and loss Account Balance Sheet Current Liabilities: Current Assets: Long-term Liabilities: Fixed Assets: Owner's equity