Post Utme Ui 2019 Accounting Question 25

A company's journal entries for the year ended 31st December, 2022 are as follows: Debit Accounts Payable ₦50,000; Credit Purchases ₦50,000; Debit Accounts Receivable ₦20,000; Credit Sales ₦20,000; Debit Common Stock ₦100,000; Credit Dividends ₦10,000; Debit Equipment ₦80,000; Credit Depreciation Expense ₦80,000; Debit Expenses ₦30,000; Credit Income Taxes Payable ₦15,000; Debit Interest Payable ₦5,000; Credit Notes Payable ₦40,000; Debit Retained Earnings ₦60,000; Credit Salaries Expense ₦25,000; Debit Sales Revenue ₦150,000; Credit Supplies ₦10,000; Debit Utilities Expense ₦8,000; Credit Utilities Expense ₦8,000. Prepare a trial balance.