Trial balance example, Exercises of Accounting

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Question 7.1 REQUIRED Prepare the trial balance of Getafix Traders on 28 February 20.7, after considering the inform NB: Show all calculations in brackets. b INFORMATION The accountant of Getafix Hardware prepared the following trial balance from the ge entity uses the perpetual inventory system and the profit is calculated at 20% on the sellit GETAFIX HARDWARE Trial balance as at 28 February 20.7 Capital Drawings Computer equipment Office equipment Loan: Roman Bank Debtors control Creditors control Inventory Bank Sales Cost of sales Salaries and wages ‘Water and electricity