11th | Ts grewal 2021-2022 | Question 3 and 4 | Ch: 14 Trail Balance

Page No 14.23:

Question 3:

Prepare a Trial Balance from the following items:

 

	`		`
Capital	24,000	Building	12,000
Opening Stock	8,500	Returns Inward	1,900
Furniture	2,600	Returns Outward	350
Purchases	8,950	Trade Expenses	1,000
Cash	7,300	Discount Received	970
Carriage	300	Salary	3,000
Sales	22,500	Office Rent	2,270

Answer:

Trial Balance as on ………………
S.No.	List of Items	Debit Balances	Credit Balances
1	Capital		24,000
2	Opening Stock	8,500
3	Furniture	2,600
4	Purchases	8,950
5	Cash	7,300
6	Carriage	300
7	Sales		22,500
8	Building	12,000
9	Returns Inward	1,900
10	Returns Outwards		350
11	Trade Expenses	1,000
12	Discount Received		970
13	Salary	3,000
14	Office Rent	2,270
	Total	47,820	47,820

 

Page No 14.23:

Question 4:

Prepare the Trial Balance of Ankit as on 31st March, 2021. He has omitted to open a Capital Account:       

	`			`
Bank Overdraft	85,000	Purchases		4,45,000
Sales	8,10,000	Cash in Hand		8,500
Purchases Return	22,500	Creditors		2,15,000
Debtors	4,00,500	Sales Return		15,750
Wages	96,000	Equipment		25,000
Capital	?	Opening Stock		3,00,500

Answer:

Trial Balance as on March 31, 2021
S.No.	List of Items	Debit Balances	Credit Balances
1	Bank Overdraft		85,000
2	Sales		8,10,000
3	Purchases Return		22,500
4	Debtors	4,00,500
5	Wages	96,000
6	Purchases	4,45,000
7	Cash in hand	8,500
8	Creditors		2,15,000
9	Sales Return	15,750
10	Equipment	25,000
11	Opening Stock	3,00,500
12	Capital		1,58,750
	Total	12,91,250	12,91,250

 

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