Question

The following items belong to Mlamba Wholesalers as at 31st Dec 2018

Motor vehicle	75,000
Stock	4,000
Overdraft	11,100
Creditors	5,740
Debtors	6,200
Commission paid	2,000
Cash	10,000
Returns Outwards	3,400
Returns Inwards	1,400
Capital	78,360

Required, draw Mlamba’s trial balance as at 31st December 2018.

Answer 1

       Mlamba’s Wholesalers
             Trial Balance
         As at 31st Dec, 2020

Items	DR	CR
Motor vehicle	75,000
Stock	4,000
Overdraft		11,100
Creditors		5,740
Debtors	6,200
Commission paid	2,000
Cash	10,000
Returns Outwards		3,400
Returns Inwards	1,400
Capital		78,360
Total	98,600	98,600