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    MukunthFx's Avatar
    MukunthFx Posts: 1, Reputation: 1
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    #1

    Apr 29, 2016, 11:52 PM
    Trial Balance Problem
    A started business with cash 10,000 and furniture's 2,000.Total sales were 50,000 including 5,000 cashsales.10,000 were outstanding at the end of the year. Total purchases 30,000 including 10,000 cashpurchases 15,000 were paid to the suppliers. Expenses paid amounted to 19,000 Total of trial balance is :
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Apr 30, 2016, 08:44 PM
    The question is apparently incomplete.

    Arrange the transactions into debits and credits remembering that for every transaction there is an equal and opposite transaction. The missing accounts will be debtors and creditors
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