Trial-balance of Mr. Sadequaine | A Book-Store owner

Mr. Sadequaine is a sole-trader. He is operating a stationary shop in his locality. He needs your in preparing his Trial balanc. He has little knowledge of accounting on the basis of which he has prepared the following ledger accounts.

  1. Sales                                             500,000
  2. Cash(Drawings not adjusted)  130,000
  3. Bank                                             100,000
  4. Salary expense                           350,000
  5. Office supplies                              50,000
  6. Light & Heating                          110,000
  7. Furniture & Fittings                  200,000
  8. Machine                                       600,000
  9. Rent expense                                30,000
  10. Drawings(50% Cash drawings) 60,000
  11. Purchases                                    400,000
  12. Capital                                          700,000
  13. Long-term Debts                        500,000
  14. Trade-creditors                          300,000
Requirement: Prepare Trial balance for Mr. Sadequaine

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