Complete the Trial Balance for Lynette's Laundry as at 31 August 20.1, explaining the placement of specific accounts.

Here is the completed Trial Balance: Trial Balance of Lynette's Laundry as at 31 August 20.1 | Account description | Account Number | Debit (Rand) | Credit (Rand) | | :------------------ | :------------- | :----------- | :------------ | | Capital | 101 | | 25 000 | | Loan from bank | 102 | | 15 000 | | Fixed assets | 103 | 30 000 | | | Debtors | 104 | 3 000 | | | Cash | 105 | 6 200 | | | Current income | 201 | | 17 000 | | Interest received | 202 | | 500 | | Wages | 203 | 7 500 | | | Materials | 204 | 7 800 | | | Advertising | 205 | 900 | | | Stationery | 206 | 2 100 | | | Total | | 57 500 | 57 500 | For the specific amounts mentioned in question 1: a) Wages R7 500 should be entered on the debit* side as it is an expense. b) Capital R25 000 should be entered on the credit* side as it is an owner's equity account. c) Current income R17 000 should be entered on the credit* side as it is a revenue account. Send me the next one 📸