Prepare a trial balance Salim runs a business selling books. He has extracted a trial balance at
Question:
Prepare a trial balance Salim runs a business selling books. He has extracted a trial balance at 30 April 2014 but has not yet included the following balances.
Required
Complete the trial balance below. Enter any difference as 'bank balance'.
Transcribed Image Text:
$ Cariage inwards 1 036 Discounts received 614 Drawings 12 455 Fixtures and fittings at cost 54 180 Returns outwards 1 412 Trade receivables 11 150 Wages and salaries 8 557 %24
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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