The following trial balance was obtained from the books of Raheem Sterling as at December 31, 2020 : Sales Wages and Salaries DR CR 745,000 56,000 Carriage Outwards Carriage Inwards Loan Interest Creditors Returns Rent Received Purchases Debtors Provision for Bad Debts Telephone Charges 6,500 12,000 42,000 70,500 8,000 12,000 70,000 558,150 62,000 4,200 21,000 Bank 11,040 Cash Land and Building 15,500 610,000 Provision for Depreciation on Building 45,000 Motor Vehicle 280,000 Provision for Depreciation on Motor Vehicle 51,200 Machinery and Equipment 286,000 Provision for Depreciation on Machinery & Equipment 48,200 Capital 485,000 Drawings 27,500 10% Loan 500,000 Building Repairs 21,240 Commission Received 41,000 Opening Stock 58,500 Insurance Bad Debts 13,500 5,250 2,083,140 2,083,140