The following information has been extracted from the books of CTS Plc, a limited liability company, as at 31 October 2017. Dr Cr $ $ Cash Insurance Inventory at 1 November 2016 General expenses Energy expenses Marketing expenses 15000 75000 350000 60000 66000 50000 Wages and salaries Discounts received Share premium account Retained earnings at 1 November 2016 675000 50000 200000 315000 Allowance for receivables at 1 November 2016 40000 Sales revenue Telephone expenses Property expenses Bank 5,780000 80000 100000 94000 Returns inward Trade payables Loan note interest Trade receivables Purchases 7% Loan notes 95000 290000 33000 900000 3,570000 470000