Mira prepared a trial balance using the following information on 31 March 2015. The trial balance failed to balance. Office fixtures (at cost) Office fixtures provision for depreciation Trade payables General expenses (prepaid) Trade receivables Inventory Bank overdraft Capital $ 18000 7200 5400 1520 3700 7800 2600 16000 REQUIRED

1. (a)Prepare the trial balance at 31 March 2015, including an appropriate balancing entry. Mira Trial Balance at 31 March 2015 Dr $ Cr $ Office fixtures (at cost) Office fixtures provision for depreciation Trade payables General expenses Trade receivables Inventory Bank overdraft Capital[4]
2. (b)On inspecting the books, Mira found the following errors: 1 A payment for general expenses, $750, had been correctly entered in the bank account, but had been recorded in the general expenses account as $570. 2 General expenses, $1000, had been recorded in the office fixtures account. REQUIRED Prepare the entries in the general journal to correct items 1 and 2. Narratives are not required. General Journal Dr $ Cr $[4]
3. (c)The following were some of the transactions completed in April 2015. April 9 Sold goods on credit to Yash. April 11 Yash returned goods sold on 9 April as they were damaged. April 14 Paid wages by cheque. April 19 Purchased office fixtures on credit from Equip Limited. REQUIRED Complete the following table. The first item has been completed as an example. Date Transaction Source document Book of prime entry Account debited Account credited April 9 Sold goods on credit to Yash. Sales invoice Sales journal Yash Sales April 11 Yash returned goods sold on 9 April as damaged. April 14 Paid wages by cheque. April 19 Purchased office fixtures on credit from Equip Limited.[12]