QUESTION:1 Draw a trial balance of john ltd and post the following items;
N
10,000
30,000
6,500
4,200
300
8,000
4,000
600
2,000
4,000
3,500
2,100
1,400
Purchase
Capital
Land and building
Machinery
Wages
Sales
Stock
Insurance.
Drawings
Rent receivable
Rent
Bill payable
Bill receivable
Profit Bought Forward
Equipment
Cash
Bank
Creditors
Debtors
Carriage outward
Return inward
Return outward
Loan
Interest on loan
Bank overdraft
1,500
13,000
4000
8,500
10,000
6,800
300
400
300
5,000
600
1,000