TRIAL BALANCE - Illustration Larry Limited started business with 100,000 There was credit sale of 46,000 to Vicks Ltd, and cash sale of 24,000 during the period There was cash purchases of 55,000 and credit purchases 40,000 from Pages Ltd At the end of the period Larry had 15,000 worth of stocks in the warehouse Larry paid 1,800 to salesmen There was rent income of 1,500