One of your clients Mr. X asked you to finalize his account for the year ended 31st March, 2022. As a basis for audit Mr. X furnished you with the following statement: Dr. Cr. X's Capital 4,668 X's Drawings 1,692 Leasehold Premises 2,250 Sales 8,250 Due from customers 1,590 Purchases 3,777 Purchase Return 792 Loan from Bank 768 Trade Expense 2,100 Trade Payable 1,584 Bills Payable 300 Salaries and Wages 1,800 Cash at Bank 678 Opening Inventory 792 Rent and Rates 1,389 Sales Return 294 16,362 16,362 The closing inventory was Rs. 1,722. Mr. X claims that he has recorded every transaction correctly as the trial balance is tallied. Check the accuracy of the above trial balance and give reasons for the errors, if any. [June 2022, 4 Marks]; [MTP Jan. 2025; Modified Figures-3X]