Activity 33 Use the list of accounts below to draw up a TRIAL BALANCE of Birchleigh stores on 31 July 2011. Calculate the balance of capital. Capital?; Drawings, R1-400; Land and buildings, R60 000;...

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Extracted text: Activity 33 Use the list of accounts below to draw up a TRIAL BALANCE of Birchleigh stores on 31 July 2011. Calculate the balance of capital. Capital?; Drawings, R1-400; Land and buildings, R60 000; Vehicle, R20 000; Equipment, R11 000; Trading stock, R5 000; Bank(Dr), R6 000; Cash float, R300; Petty cash, R20%3; Loan: Eden bank, R16 500; Sales, R30 000; Cost of sales, R22 000; Wages, R3 500; Stationery, R600; Salaries, R7 900; Rent income, R12 000; Rates, R1 300. Activity 33 Solution TRIAL BALANCE OF BIRCHLEIGH STORES AS AT 31 JULY 2011 BALANCE SECTION BI DEBIT CREDIT 80 700 SHEET | Capital Drawings Land $ buildings Vehicle AecoUNT 1나00 6o D00 20 000 000 62 B3 B4 BS BG Trading stock Bank Cash Float 5U00 B7 B8 B9 BIO 300 Pety cash Eden 200 bank SECTION Loan ACCOUNT Sales Cost of Sales NOMINAL NI 30 O00 NZ N3 22 b00 3500 600 Wages Stahonery Salares Inome N4 NS 1900 Rent Rates 12 000 N 7 1300 |39 2oU 139 200 Page 92 of 305