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Revision question on how to prepare trial balance and ledgers.

The following information was extracted from the books of Kadege who operates a hardware business in Ngoma District as at 31 December 2016.

Balances brought forward:

  Dr (TZS) Cr (TZS)
Capital   142,500,000
Cash 22,300,000  
Bank 66,200,000  
Trade receivables 30,500,000  
Trade payables   25,000,000
Utilities prepaid 4,000,000  
Accrued rent   1,500,000
Motor vehicles 46,000,000  
  169,000,000 169,000,000

Transactions during the year ended 31 December 2016:

1 Kadege added his personal savings TZS 18,000,000 cash to the business to enable him open a branch in Kirehe district.
2 Purchased goods TZS 8,500,000 on credit.
3 Paid for stationery TZS 460,000 cash.
4 Sold goods TZS 5,500,000 receiving TZS 3,500,000 cash and the balance by cheque.
5 Acquired another motor vehicle TZS 6,000,000 cash.
6 Paid suppliers account balance of TZS 4,000,000 by cheque and received a discount TZS 200,000 (all amounts are pre-discount).
7 Paid rent and utilities TZS 3,500,000 by cheque and TZS 500,000 in cash respectively.
8 Deposited TZS 6,240,000 cash into the bank account.
9 Sold goods on credit TZS 3,000,000.
10 Customers returned goods TZS 160,000.
11 Customers with account balance TZS 2,000,000 paid cash after being allowed a discount TZS 100,000 (all amounts are pre-discount).


(a) All the relevant general ledgers accounts.
(b) Trial balance.

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