Question

please prepare trail balance​

Answer 1

Answer:

Refer to the attachment.

Rules of Accounting:

Increase in assets or expenses/losses is debited and decrease in assets and expenses/losses is credited.

Increase in liabilities, income/gains and capital is credited and decrease in them is debited.

In other words,

Assets, expenses and losses have a debit balance &

Liabilities and incomes and gains have a credit balance.