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Trial balance 31 December 2015

Account Debit ($) Credit ($)


Premises 70000
Plant and machinery 30000
Office equipment 5000
Wages 7600
Rent payable 4000
Heating and lighting 1500
Other operating expenses 1720
Sales 133000
Purchases 57000
Discounts allowed 2450
Discounts received 1070
Bank 2910
Trade receivables 14000
Trade payables 10140
Purchases returns 2400
Sales returns 3150
Rent receivable 1200
Capital 80000
Drawings 28480
Total 227810 227810

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