Prepare a trial balance with capital 50000, purchases 40000, overdraft 10000, cash at bank 30000, loan 20000,sales 10000, motor car 20000, creditors 10000, debitors 2000 ,rent 3000, stationery 2000, electricity 3000
Trial Balance:
| Accounts | Debit ($) | Credit ($) |
|---------------------|-----------|------------|
| Capital | 50,000 | |
| Purchases | 40,000 | |
| Overdraft | 10,000 | |
| Cash at bank | 30,000 | |
| Loan | | 20,000 |
| Sales | | 10,000 |
| Motor car | 20,000 | |
| Creditors | 10,000 | |
| Debtors | 2,000 | |
| Rent | 3,000 | |
| Stationery | 2,000 | |
| Electricity | 3,000 | |
| Total | 110,000 | 110,000 |