You are presented with the following alphabetical list of accounts and balances (in thousands) for Asian Importers Limited as at January 31, 2015:

Instructions
(a) Prepare a trial balance, sorting each account balance into the debit column or the credit column.
(b) If debits equal credits in Asian's trial balance, do you have reasonable assurance that no errors exist? Explain.

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Goodwill Income tax expense Interest expense Land Merchandise inventory Accounts payable s 46,300 30,200 13,000 $ 7,600 14,000 2,150 42,500 74,250 19,750 67,750 12,200 3,950 37,050 370,000 Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment 3,600 Building% 39,500 0,050 Mortgage payable 6,000 Bank loan payable (due 2018) Cash Office expense Other current liabilities Prepaid insurance Retained earnings, February 1, 2014 Sales 32,900 244,200 Common shareS Cost of goods sold 1,850 10,900 Dividends Equipment