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Tamapo Trial Balance as at 31 December 2019 P P Motor Vehicle at net 38,000.00  Sales 109,000.00 Purchases 80,230.00 Inventory 5,100.00 Bank Overdraft 13,900.00 Cash in Hand 1,500.00 Drawings 6,500.00 Discount Allowed 720.00 Other Operating Expenses 9,350.00 Wages and Salaries 16,500.00 Capital 35,000.00 Difference 60,700.00  188,250.00 188,250.00 Required: Prepare a corrected trial balance as at 31 December 2019.

Tamapo Trial Balance as at 31 December 2019 P P Motor Vehicle at net 38,000.00  Sales 109,000.00 Purchases 80,230.00 Inventory 5,100.00 Bank Overdraft 13,900.00 Cash in Hand 1,500.00 Drawings 6,500.00 Discount Allowed 720.00 Other Operating Expenses 9,350.00 Wages and Salaries 16,500.00 Capital 35,000.00 Difference 60,700.00  188,250.00 188,250.00 Required: Prepare a corrected trial balance as at 31 December 2019.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Read the following information and answer questions that follow.
Tamapo prepared the following trial balance as at 31 December 2019 which 
contains errors: 
Tamapo
Trial Balance as at 31 December 2019
P P
Motor Vehicle at net 38,000.00 
Sales 109,000.00
Purchases 80,230.00
Inventory 5,100.00
Bank Overdraft 13,900.00
Cash in Hand 1,500.00
Drawings 6,500.00
Discount Allowed 720.00
Other Operating Expenses 9,350.00
Wages and Salaries 16,500.00
Capital 35,000.00
Difference 60,700.00
 188,250.00 188,250.00
Required:
Prepare a corrected trial balance as at 31 December 2019. 

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