From the following information, draw up a Trial Balance in the books of Shri Haridas Chaki as on 31st March, 2019: Capital Rs. 1,40,000, Pruchases Rs. 36,000, Discount Allowed Rs. 1,200, Carriage Inwards Rs. 8,700, Carriage Outwards Rs. 2,300, Sales Rs. 60,000, Returns Inward Rs. 300, Returns Outwards Rs.700, Rent and Taxes Rs. 1,200, Plant and Mechinery Rs. 80,700, Stock on 1st April, 2018 Rs. 15,500, Sundry Debtors Rs. 20,200, Sundry Creditors Rs. 12,000, Investments Rs. 3,600, Commission Received Rs. 1,800, Cash in Hand Rs. 100, Cash at Bank Rs. 10,100, Motorcycle Rs. 34,600 and Stock on 31st March, 2019 (not adjusted) Rs. 20,500.

From the following information, draw up a Trial Balance in the books o

1.	From the following information, draw up a Trial Balance in the books of Shri Haridas Chaki as on 31st March, 2019: Capital Rs. 1,40,000, Pruchases Rs. 36,000, Discount Allowed Rs. 1,200, Carriage Inwards Rs. 8,700, Carriage Outwards Rs. 2,300, Sales Rs. 60,000, Returns Inward Rs. 300, Returns Outwards Rs.700, Rent and Taxes Rs. 1,200, Plant and Mechinery Rs. 80,700, Stock on 1st April, 2018 Rs. 15,500, Sundry Debtors Rs. 20,200, Sundry Creditors Rs. 12,000, Investments Rs. 3,600, Commission Received Rs. 1,800, Cash in Hand Rs. 100, Cash at Bank Rs. 10,100, Motorcycle Rs. 34,600 and Stock on 31st March, 2019 (not adjusted) Rs. 20,500.
Answer» <html><body><p></p>Solution :<img src="https://d10lpgp6xz60nq.cloudfront.net/physics_images/TSG_ACC_XI_C13_S01_006_S01.png" width="80%"/> <br/> Note: Closing Stock will not be taken in the Trial Balance because it represents a part of the goods purchased but not yet sold. As the total <a href="https://interviewquestions.tuteehub.com/tag/purchases-1172772" style="font-weight:bold;" target="_blank" title="Click to know more about PURCHASES">PURCHASES</a> have been included in the Trial Balance, there is no <a href="https://interviewquestions.tuteehub.com/tag/need-25476" style="font-weight:bold;" target="_blank" title="Click to know more about NEED">NEED</a> of <a href="https://interviewquestions.tuteehub.com/tag/including-7264013" style="font-weight:bold;" target="_blank" title="Click to know more about INCLUDING">INCLUDING</a> Closing Stock again. If Closing Stock is <a href="https://interviewquestions.tuteehub.com/tag/adjusted-7661905" style="font-weight:bold;" target="_blank" title="Click to know more about ADJUSTED">ADJUSTED</a> against purchases, then only Closing Stock is <a href="https://interviewquestions.tuteehub.com/tag/shown-1206565" style="font-weight:bold;" target="_blank" title="Click to know more about SHOWN">SHOWN</a> in the Trial Balance.</body></html>

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