Sophie Sophie has a hairdressing business and has produced the trial balance in Table 2.6.

REQUIRED:
Categorize each of the items in Sophie's trial balance into one oft he following types:

* income * expenditure * assets * liabilities * capital * drawings.

Transcribed Image Text:

Table 2.6 Sophie Trial balance as at 31 December 2012 Debit Credit Capital 15,000 Sales 35,000 Wages 15,000 Hair products purchased 5,000 Rent of salon 6,000 Light and heat 1,500 Drawings 6,500 Fixtures and fittings 7,000 Trade payables 250 Bank account 9,250 50,250 50,250