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Identify the mistakes crept into the trial balance and redraft it in its proper form.Trial BalanceAccount TitleLFDebitCreditCapital30,000Rent1,700Salary2,000Building20,000Furniture10,000Stock on 1.4.20057,000Cash in hand2,000 creditors15,400 Sales20,000 Purchases12,000 Wages1,000 Commission received300 Debtors10,000Total96,10035,300 |
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