1.

Prepare a Trial Balance from the following balances taken as at 31st March 2017 :− (₹) (₹) Capital 2,50,000 Purchases 2,15,300 Drawings 24,000 Sales 3,80,000 Debtors 57,000 Miscellaneous Expenses 8,200 Creditors 28,500 Miscellaneous Receipts 3,600 Land & Building 1,80,000 Bad Debts 7,100 Plant 1,20,000 Bills Receivable 5,000 Stock on 1-4-2016 22,800 Loan from X 20,000 Factory Expenses 16,600 Interest on X's Loan 3,000 Office Expenses 7,700 Cash in hand 8,400 Purchases Return 6,000 Goodwill 10,000 Stationery 500 Freight 2,500

Answer» Prepare a Trial Balance from the following balances taken as at 31st March 2017 :−



















































































(₹)


(₹)


Capital 2,50,000 Purchases 2,15,300
Drawings 24,000 Sales 3,80,000
Debtors 57,000 Miscellaneous Expenses 8,200
Creditors 28,500 Miscellaneous Receipts 3,600
Land & Building 1,80,000 Bad Debts 7,100
Plant 1,20,000 Bills Receivable 5,000
Stock on 1-4-2016 22,800 Loan from X 20,000
Factory Expenses 16,600 Interest on X's Loan 3,000
Office Expenses 7,700 Cash in hand 8,400
Purchases Return 6,000 Goodwill 10,000
Stationery 500
Freight 2,500


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