Leasehold property Equipment Provisions for depreciation Leasehold property Equipment 6% bank loan Bank dr Trade receivable Trade payable Provisions for doubtful debts Revenue (sales) Purchases Purchases returns Stock at 1/04/15 Equipment repairs Equipment running expenses General expenses Wages Insurance Power and water Advertising Discount allowed Discount received Capital at 1/04/15 Darawings Additional information 31/03/16 stock was valued at 3870 Bright tembo took stock valued at 450 for his own use Equipment running expenses 750 were accrued Insurance 1350 was prepaid The 6% bank loan was received on 1/12/15 An approximate amount is to be written off the lease The purchase of additional equipment 10000 had been omitted from the books Payment was 5000 by cheque with the remainder on credit Equipment is to be deprecated at the rate of 20% per annum using the diminishing balance method Provisions for doubtful debt is to be maintained at 8% of trade receivables 50,000.00 54,000.00 10,000.00 17,000.00 25,000.00 5,150.00 6,750.00 4,010.00 700.00 78,580.00 18,240.00 1,600.00 4,690.00 850.00 2,650.00 8,400.00 15,300.00 3,640.00 2,300.00 5,100.00 1,650.00 330.00 50,000.00 8,500.00