Prepare trial balance for the information above

Question

$

Sales 210,420

Purchases 108,680

Inventory at 1 July 2017 9,410

Carriage outwards 1,115

Carriage inwards 840

Return inwards 4,900

Return outwards 3,720

Salaries and wages 41,800

Motor expenses 912

Rent expense 6,800

Sundry expenses 318

Motor vehicles 14,400

Fixtures and fittings 912

Account receivables 23,200

Account payables 14,100

Cash at bank 4,100

Cash in hand 240

Drawings 29,440

Capital 18,827

494,134

Answer 1

Please see the below worked out Trail Balance from the information given. Hope this helps!If you still have doubts , please don't hesitate to reach out to me. I'll be glad to help you understand better on why debit or credit for each item listed.

Account Debit Credit

Sale 210420

Purchases 108680

Inventory at 1 July 2017 9410

Carriage Outwards 1115

Carriage Inwards 840

Return Inwards 4900

Return Outwards 3720

Salaries and Wages 41800

Motor Expenses 912

Rent Expense 6800

Sundry Expenses 318

Motor Vehicles 14400

Fixtures and Fitiings 912

Accounts Receivables 23200

Accounts Payable 14100

Cash At Bank 4100

Cash in Hand 240

Drawings 29440

Capital 18827

TOTALS 247067 247067