The clerk of a firm has incorrectly drafted the following Trial balance. Draft the correct trial balance from the details:
S.no Particulars Dr Cr
1 Capital 60,000
2 Opening stock 5,000
3 Discount allowed 500
4 Commission received 700
5 Fixed assets 60,000
6 Sales 85,000
7 Purchases 45,000
8 Return outward 1,000
9 Return inward 2,000
10 Carriage Inward 600
11 Carriage outward 700
12 Wages & Salary 25,000
13 Bills receivable 7,000
14 Debtors 9,000
15 Bills payable 7,000
16 Rent 3,000
17 Interest paid 2,000
18 Cash 800
19 Creditors 6,900
20 Closing Stock 33,800
1,77,500 1,77,500