The following is the Trial Balance of Maple Union Berhad at 31 December 2021. DR CR RM RM Machinery at cost 60,000 Accumulated depreciation as of 1 January 2021-machinery 10,000 Motor vehicles at cost 50,000 Accumulated depreciation as of 1 January 2021 - motor vehicles 8,000 Furniture & equipment at cost 25,000 Accumulated depreciation as of 1 January 2021-furniture & equipment 5,000 Long term loan (repayable on 30 November 2023) 30,000 Ordinary share capital 50,000 9% preference share capital 30,000 Trade receivables & payables 38,000 21,000 Allowance for doubtful debts 400 Sales & purchases 190,000 303,600 Salaries & wages 24,000 Bank 34,500 Bad debts 600 Returns Discounts 2,100 1,950 1,600 1,850 Loan interest 1,500 Telephone expenses 4,000 Rent, rates and insurance 16,000 Inventory as of 1 January 2021 4,500 Retained earnings as of 1 January 2021 10,000 461,800 461,800