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The following information relates to Dynamix Motor Services: ADDITIONAL INFORMATION: 1. Receipts from debtors, R5 000 have been credited to drawings. 2. Creditors have been
The following information relates to Dynamix Motor Services: ADDITIONAL INFORMATION: 1. Receipts from debtors, R5 000 have been credited to drawings. 2. Creditors have been undercast by R2 000 . 3. An amount of R23 000, in respect of income, has been recorded as R32 000. 4. The legal fees account and the entertainment expenses account, with a debit balance of R5 629 and R562 respectively, have inadvertently been omitted from the trial balance. 5. A repayment on the loan, R9 000 has not yet been recorded in the books. 6. The Director L.Haney, invested a further R10 000 of his own money into the business. You are required to: Draw up the correct Trial Balance for Dynamix Motor Services at 31 March 2016
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