Fundamentals of Accounting, Sec ONL-K

Anthony Broadway operates a business as a sole trader in Cross Roads, St. Andrew. On September 30, 2019 the following balances were extracted from the books of the business.

Details/Accounts

$

Carriage inwards

105,000

Sales

4,550,000

Motor van

1,500,000

Provision for depreciation on motor van

500,000

October 1, 2014, stock

820,000

Rent

180,000

Accounts payable

625,000

Return outwards

37,500

Drawings

112,500

Discount Allowed

62,500

Discount Received

95,000

Stationery

700,000

Salaries

1,375,000

Return inwards

50,000

Electricity

150,000

Bad debts

75,000

Purchases

1,587,500

Carriage outwards

125,000

Office furniture

375,000

Accumulated depreciation on furniture

125,000

Capital

2,535,000

Accounts receivable

1,250,000

Required: Prepare a Trial Balance from the above.

Note:

1. All ProvisionA/cs carry Cr balances