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Following Trial Balance has been prepared wrongly. You are required to prepare a correct trial Balance. Name of AccountBalanceBalanceDr.(Rs)Cr.(Rs)Bank overdraft2,800−Cash in hand−400Purchase Return800−Sundry Expenditures−2,400SalesReturn−1,600Salaries1,600−Purchase5,600−Sales−8,800Creditors−2,400Debtors−1,600Opening Stock−2,000Plant and Machine4,000−Capital4,000− |
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Answer» Following Trial Balance has been prepared wrongly. You are required to prepare a correct trial Balance. Name of AccountBalanceBalanceDr.(Rs)Cr.(Rs)Bank overdraft2,800−Cash in hand−400Purchase Return800−Sundry Expenditures−2,400SalesReturn−1,600Salaries1,600−Purchase5,600−Sales−8,800Creditors−2,400Debtors−1,600Opening Stock−2,000Plant and Machine4,000−Capital4,000− |
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