5 Using the list of balances below, prepare the trial balance of Amit at

31 May 20–8.

Amit
Trial balance at 31 May 20–8
Dr Cr
$ $ $
Sales 176 000 Sales ................... ...................
Purchases 110 000 Purchases ................... ...................
Carriage 5 040 Carriage ................... ...................
inwards inwards
Sales returns 1 650 Sales returns ................... ...................
Purchases 950 Purchases ................... ...................
returns returns
Fixtures and 48 000 Fixtures and ................... ...................
fittings fittings
Motor vehicles 14 000 Motor vehicles ................... ...................
Inventory 21 000 Inventory ................... ...................
Trade 14 000 Trade ................... ...................
receivables receivables
Trade payables 11 500 Trade payables ................... ...................
Balance at bank 2 385 Balance at bank ................... ...................
Cash 1 720 Cash ................... ...................
Wages 15 300 Wages ................... ...................
Rent 22 000 Rent ................... ...................
Electricity 3 260 Electricity ................... ...................
General 4 670 General ................... ...................
expenses expenses
Drawings 14 000 Drawings ................... ...................
Capital 88 575 Capital ................... ...................
................... ...................
................... ...................

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