Following are trial balances of Mr. Sumon Traders Ltd. as on the date 31 December, 2022....

 

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Following are trial balances of Mr. Sumon Traders Ltd. as on the date 31 December, 2022. The trial balances are not agreeing debit balance with credit balance. Prepare the corrected Trial Balance for Mr. Sumon using the following balances: Account Name Debit Credit Cash 20,000 Account Receivable 50,000 Bank Balance 80,000 Opening Inventory 15,000 Office Supplies 9,000 Office Equipment 60,000 Prepaid Rent 4,000 Notes Payable 34,000 Accounts Payable 68,000 Owners Capital 70,000 Drawings 3,500 Sales 2,10,000 Sales Return 10,000 Purchase 1,00,000 Salary Expense 18,000 Interest on Bank Deposit 25,000 Commission Received 12,500 Total 2,86,000 5,03,000 Following are trial balances of Mr. Sumon Traders Ltd. as on the date 31 December, 2022. The trial balances are not agreeing debit balance with credit balance. Prepare the corrected Trial Balance for Mr. Sumon using the following balances: Account Name Debit Credit Cash 20,000 Account Receivable 50,000 Bank Balance 80,000 Opening Inventory 15,000 Office Supplies 9,000 Office Equipment 60,000 Prepaid Rent 4,000 Notes Payable 34,000 Accounts Payable 68,000 Owners Capital 70,000 Drawings 3,500 Sales 2,10,000 Sales Return 10,000 Purchase 1,00,000 Salary Expense 18,000 Interest on Bank Deposit 25,000 Commission Received 12,500 Total 2,86,000 5,03,000