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The General Ledger and Trial Balance The following balances, with the exception of the 'capital' account, appeared in the general ledger of an enterprise on

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The General Ledger and Trial Balance The following balances, with the exception of the 'capital' account, appeared in the general ledger of an enterprise on the 28 February 2019. Account R Withdrawals by owner 2 300 Long-term loan 10 000 Accounts Payable 16 150 Bank (Favourable) 55 425 Vehicles @ cost 15 000 Accounts receivable 3 535 Sales 24 650 Cost of Sales 20 542 Sales returns 165 Sundry costs 6 250 Accumulated depreciation on vehicles 2 500 Allowance for credit losses 400 Fixed deposit: One Bank 12 000 Source: Klopper, J. 2019 Required Compile a trial balance on 28 February 2019 and determine the amount contributed by the owner. (15 Marks)

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