X2 As at 30.3.2017 your business has the following balances on its ledger accounts. Accounts Balance $ Bank loan 12,000 Cash at bank 11,700 Capital 13,000 Local business taxes 1,880 Trade accounts payable 11,200 Purchases 12,400 Sales 14,600 Sundry payables 1,620 Trade accounts receivable 12,000 Bank loan interest 1,400 Other expenses 11,020 Vehicles 2,020 During 31.03.2017 the business made the following transactions. (a) Bought materials for $1,000, half for cash and half on credit (b) Made $1,040 sales, $800 of which was for credit (c) Paid wages to shop assistants of $260 in cash You are required to draw up a trial balance showing the balances as at the end of 31.3.2017