Question: please use excell Question 1 The Trial balance for Thabo's Trading as on 31 December 2021 is given below: Capital 57,800 7,500 68,000 10,200 30,000

please use excell Question 1 The Trial balance for Thabo's Trading

as on 31 December 2021 is given below: Capital 57,800 7,500 68,000

please use excell

Question 1 The Trial balance for Thabo's Trading as on 31 December 2021 is given below: Capital 57,800 7,500 68,000 10,200 30,000 Drawings Equipment Accumulated Depreciation on equipment Loan (7.5% p.a.) Trading Stock Fixed Deposit (12% p.a.) Debtors Control (Trade Receivables) Creditors Control (Trade Payables) 17,200 10,000 15,400 16,300 6,200 Bank Sales 135,000 Cost of Sales 90,000 General Expenses 8,000 Wages and Salaries 24,500 Interest Income 250 Interest of Loan 2,250 Thabo's Trading had their financial year end on 31 March 2021. Use the trial balance to prepare the following financial statements for the business: a) Balance sheet (12) b) Income Statement (18) c) Formulas (4) 2/3

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