a small merchant who also manages a supermarket in a busy area of Banjul. On 30 th September, 2019, he produced the following closing balances from his ledgers: D Capital 34,200 Drawings 10,980...

a small merchant who also manages a supermarket in a busy area of Banjul. On 30^th
September, 2019, he produced the following closing balances from his ledgers:

D

Capital 34,200

Drawings 10,980

Purchases 90,720

Inventory 16,260

General Expenses 17,040

Fixtures and Fittings 3,900

Sundry Receivables 17,220

Sundry Payables 14,580

Bank 4,560

Sales 111,900

During October 2019, the following transactions were recorded:

Purchased good on credit 6,390

Sold goods on credit 8,730

Receipts from debtors 12,555

Paid trade payables by cheque 10,755

Purchased new fittings on credit 585

Drew cheque for private use 900

Paid general expenses by cheque 1,395

As Glory’s book-keeper, you are required to:

(i) Prepare the necessary ledger accounts

(ii) Balance up the accounts and draw a trial balance as it would appear on 31^st
October, 2019