The followingbalances were extracted from the books of all peoplesassuarance companyin 2014.

Life Assuarance fund	1,470,562
Claims by death:	76,980
By maturity	56,420
By premiums	210,572
Expensesof management	19,980
Commissions	26,541
Consideration for annuities granted	10,620
Interest dividends	52,461
Income tax on these (paid)	3,060
Surrenders	21,860
Annuities	29,420
Bonus paid in cash	9,450
Bonus utilized in reduction of premium	2,500
Preliminary expenses	400
Claims admitted but unpaid at yearend	80,034
Annuities payable	22,360
Paid up sharecapital	400,000
Government securities	1,490,890
Sundry assets	509,110
Fines for revising lapsedpolicies	92

Additional Information:

• Claims covered under reinsuarance sh. 10,000- claim bydeath
• Further claims intimated -sh. 8,000- claim by death
• Further bonus utilized in reduction of premiumSh. 1,500
• Interest accrued sh15,400
• Premium outstanding sh7400

REQUIRED:

Prepare a trial balance as at Dec 2014