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The LGE is a retail trader in Londrina. The firm has provided the following accounts details for 2 0 2 2 . Cashbook List of

The LGE is a retail trader in Londrina. The firm has provided the following accounts
details for 2022.
Cashbook
List of balances
Additional notes:
i. The machinery that was sold had a book value of 15,000
ii. Discounts of 3,450 were allowed to credit customers
Required
a) How much was the capital at January 1,2022?11 marks
b) Determine the amount for total sales, and total purchases. 9.5 marks
c) How much was wages, office expense, and rates for the year? 7.5 mks
d) How much was investment income for the year? 2.5 marks
e) What is the gain or loss on the machinery disposed? 2 marks
f) How much is to be charged as depreciation for the equipment, machinery, and motor vehicle for the year? 6.5 marks
g) Prepare the trial balance as at December 31,2022.26marks
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