The trial balance of Lee trading enterprise as at 31st December 2018 is given below.

Debit $

Credit $ Office equipment 15,000 Building 50,000 Delivery van 25,000 Cash at bank 39,500 Opening stock 20,000 Debtors and Creditors 32,000 18,000 Loan from RBC 40,000 Sales 92,000 Rent received 15,000 Interest 3,200 7,000 Returns 4,500 6,300 Purchases 34,000 Carriage inwards 7,800 Salary expenses 21,000 Commission 9,200 Repairs and maintenance 1,800 Advertising 300 Capital 85,000 Total 263,300 263,300

Additional information at the end of the year: 1. Closing stock was valued at $22,000. 2. Accrued salaries were $2,000. 3. Advertising prepaid was $100. 4. Unearned rent amounted to $2,500 5. Outstanding interest income was $200.