Chapter 6 The trial balance

Q1 Hassan

Trial balance at 31 December 2003

$ $
Sales 160 000
Sales Returns 2 600
Purchases 84 000
Purchases Returns 3 400
Wages 26 000
Heating and Lighting 3 160
Rent Payable 5 000
Rent Receivable 1 000
Advertising 2 900
Postage and Telephone 2 740
Discounts Allowed 6 100
Discounts Receivable 5 900
Plant and Machinery 50 000
Delivery Van 9 000
Bank 2 300
Trade debtors 7 400
Trade creditors 3 700
Drawings 8 800
Capital 36 000
210 000 210 000

Q2
Andrea

Trial balance at 31 December 2003

$ $
Premises 70 000
Plant and Machinery 30 000
Office Equipment 5 000
Wages 7 600
Rent Payable 4 000
Heating and Lighting 1 500
Sundry Expenses 1 720
Sales 133 000
Purchases 57 000
Discounts Allowed 2 450
Discounts Received 1 070
Bank 2 910
Trade debtors 14 000
Trade creditors 10 140
Purchases Returns 2 400
Sales Returns 3 150
Rent Receivable 1 200
Capital 80 000
Drawings 28 48
227 810 227 810