Class 11 Accountancy Chapter 10 - Trial Balance

TS Grewal Solutions for Class 11 Accountancy Chapter 10

TS Grewal Solutions for Class 11 Accountancy Chapter 10 – Trial Balance is a concept that students should consider while preparing for their Accountancy exam. Here, are few solutions rendered in a simple and stepwise method.

Board CBSE
Class Class 11
Subject Accountancy
Chapter Chapter 10
Chapter Name Trial Balance
Number of questions solved 7
Category TS Grewal

Chapter 10 – Trial Balance defines the below-mentioned concepts:

  • The Accounting Cycle.
  • Accountants Transfer

Journal Entries to a Ledger

TS Grewal Solutions for Class 11 Accountancy Chapter 10 – Trial Balance

QUESTION 1

With the following information prepare a trial balance.

Sr. No Name of Account Balance ₹ Sr. No Name of Account Balance ₹
i.

iii.

v.

vii.

Capital

Cash

Creditors

Sales

2,00,000

1,80,000

1,00,000

3,00,000

ii.

iv.

vi.

viii.

Stock

Debtors

Bank Loan

Purchases

70,000

3,00,000

1,50,000

2,00,000

Solution.

Trial Balance
Sr. No Heads of Account Dr. (Rs) Cr. (Rs)
i.

ii.

iii.

iv.

v.

vi.

vii.

viii.

Capital

Stock

Cash

Debtors

Creditors

Bank Loan

Sales

Purchase

70,000

1,80,000

3,00,000

2,00,000

1,00,000

1,50,000

3,00,000

7,50,000 7,50,000

QUESTION 2

Arrange the Trial Balance of Anu as on 31st March 2018. He has omitted to open a capital account.

Bank Overdraft

Sales

Purchases Return

Debtors

Wages

Capital

85,000

8,10,000

22,500

4,00,000

96,000

?

Purchase

Cash in Hand

Creditors

Sales Return

Equipment

Opening Stoc

4,45,000

8,500

2,15,000

15,750

25,000

3,00,000

Solution.

Trial Balance as on 31st March 2018
Sr. No Heads of Account Dr. (Rs) Cr. (Rs)
i.

ii.

iii.

iv.

v.

vi.

vii

viii

ix.

x

xi

xii.

Bank Overdraft

Sales

Purchase Return

Debtors

Wages

Capital (Balancing Fig.)

Purchase

Cash in Hand

Creditors

Sales Return

Equipment

Opening Stock

4,00,000

96,000

4,45,000

8,500

15,750

25,000

3,00,500

85,000

8,10,000

22,500

1,58,750

2,15,000

12,91,250 12,91,250

QUESTION 3

Arrange the Trail Balance.

Capital

Opening Stock

Furniture

Purchases

Cash

Carriage

Sales

24,000

8,500

2,600

8,950

7,300

300

22,500

Building

Returns Inward

Return Outward

Trade Expenses

Discount Received

Salary

Office Rent

12,000

1,900

350

1,000

970

3,000

2,270

Solution.

Trial Balance
Sr. No Heads of Account Dr. (Rs) Cr. (Rs)
i.

ii.

iii.

iv.

v.

vi.

vii.

viii.

ix.

x.

xi.

xii.

xiii.

xiv.

.

Capital

Opening Stock

Furniture

Purchases

Cash

Carriage

Sales

Building

Returns Inward

Return Outward

Trade Expenses

Discount Received

Salary

Office Rent

8,500

2,600

8,950

7,300

300

12,000

1,900

1,00

3,000

2,270

24,000

22,500

350

970

Total 47,820 47,820

QUESTION 4

Prepare a trial balance as on 31st March 2018 from the books of Mohan

Cash

Capital

Purchase

Sale

Purchase Return

Sales Return

TRansportation

Discount Allowed

Printing

Sundry Debtors

Input CGST A/c

Input SGST A/c

Input IGST A/c

2,000

80,000

85,000

1,08,400

6,000

4,000

1,800

500

5,000

70,000

2,500

2,500

4,000

Sundry Creditor

Investment

Plant & Machinery

Building

Furniture

Electricity

Postage

Drawings

Salaries

Traveling Expenses

Output CGST A/c

Output SGST A/c

Output IGST A/c

40,000

8,000

15,000

20,000

6,000

700

400

8,000

6,000

2,000

1,500

1,500

6,000

Solution.

Trial Balance as on 31st March 2018
Sr. No Heads of Account Dr. (Rs) Cr. (Rs)
i.

ii.

iii.

iv.

v.

vi.

vii

viii.

ix.

x.

xi.

xii.

xiii.

xiv.

xv.

xvi.

xvii.

xviii.

xix.

xx.

xxi.

xxii.

xxiii.

xxiv.

xxv.

xxvi.

Cash

Capital

Purchase

Sale

Purchase Return

Sales Return

TRansportation

Discount Allowed

Printing

Sundry Debtors

Input CGST A/c

Input SGST A/c

Input IGST A/c

Sundry Creditor

Investment

Plant & Machinery

Building

Furniture

Electricity

Postage

Drawings

Salaries

Traveling Expenses

Output CGST A/c

Output SGST A/c

Output IGST A/c

2,000

85,000

4,000

1,800

500

5,000

70,000

2,500

2,500

4,000

8,000

15,000

20,000

6,000

700

400

8,000

6,000

2,000

80,000

1,08,000

6,000

40,000

1,500

1,500

6,000

Total 2,43,400 2,43,400

QUESTION 5

Prepare a trial balance as on 31st March 2018 from the books of Pranay.

Capital

Plant

Cash in hand

Commission Received

Discount(Dr)

Purchases Return

Interest Received

Repairing Charges

General Expenses

Wages

Furniture

Sales Return

Loan Advanced

Office Salaries

75,00,000

15,00,000

2,500

1,75,000

55,000

50,000

30,000

1,25,000

3,00,000

5,00,000

1,20,000

90,000

6,00,000

6,25,000

Building

Stock on 1st April 2017

Cash in Bank

Rates, Taxes & Insurance

Discount (Dr.)

Sundry Creditors

Sales

Book Debts

Rent

Purchases

Carriage & Freight

Delivery Van

Traveling Expenses

Drawings

7,50,000

12,50,000

5,75,000

30,000

45,000

2,50,000

62,50,000

15,00,000

62,500

48,00,000

75,000

5,00,000

50,000

6,00,000

Solution.

Trial Balance as on 31st March 2018
Sr. No List of Items Debit Balances Credit Balances
i.

ii.

iii.

iv.

v.

vi.

vii

viii.

ix.

x.

xi.

xii.

xiii.

xiv.

xv.

xvi.

xvii.

xviii.

xix.

xx.

xxi.

xxii.

xxiii.

xxiv.

xxv.

xxvi.

xxvii.

xxviii.

Xxix.

Capital

Plant

Cash in hand

Commission Received

Discount(Dr)

Purchases Return

Interest Received

Repairing Charges

General Expenses

Wages

Furniture

Sales Return

Loan Advanced

Office Salaries

Building

Stock on 1st April 2017

Cash in Bank

Rates, Taxes & Insurance

Discount (Dr.)

Sundry Creditors

Sales

Book Debts

Rent

Purchases

Carriage & Freight

Delivery Van

Traveling Expenses

Drawings

Suspense Account

15,00,000

25,00

55,000

1,25,000

3,00,000

5,00,000

1,20,000

90,000

6,00,000

6,25,000

7,50,000

12,50,000

5,75,000

30,000

15,00,000

62,500

48,00,000

75,000

5,00,000

50,000

6,00,000

1,90,000

75,00,000

1,75,000

50,000

30,000

45,000

2,50,000

62,50,000

Total 1,43,00,000 1,43,00,000

QUESTION 6

Redraft the mentioned below the trial balance.

Debit Balance Credit Balance
Capital

Bad Debts Recovered

Creditors

Return Outward

Bank Overdraft

Rent

Salaries

Trade Expenses

Cash in Hand

Opening Stock

Purchases

8,000

250

1,250

350

1,570

360

850

300

210

2,450

11,870

Debtors

Bank Deposits

Discount Allowed

Drawings

Return Inward

Sales

Bills Payable

Grant Received

7,580

2,750

40

600

450

13,690

1,350

1,000

27,460 27,460

Solution.

Trial Balance
Debit Balance Credit Balance
Rent

Salaries

Trade Expenses

Cash in Hand

Opening Stock

Purchases

Debtors

Bank Deposits

Discount Allowed

Return Inward

Drawing

360

850

300

210

2,450

11,870

7,580

2,750

40

450

600

Capital

Bad Debt Recovered

Creditors

Return Outward

Bank Overdraft

Sales

Bills Receivable

Grant Received

8,000

250

1,250

350

1,570

13,690

1,350

1,000

27,460 27,460

QUESTION 7

Redraft the mentioned below the trial balance.

Debit Balance Credit Balance
Opening Stock

Return Outward

Salaries

Creditors

Bank

Carriage Inwards

Rent Received

Discount Allowed

Purchases

Bills Payable

1,02,000

48,000

36,000

84,000

1,35,000

18,000

9,000

6,000

3,00,000

60,000

Debtors

Carriage Outward

Capital

Machinery

Return Inward

Discount Received

Trade Expenses

Sales

Building

45,000

15,000

1,65,600

54,000

9,000

12,000

18,000

4,20,000

60,000

7,98,600 7,98,600

Solution.

Trial Balance
Debit Balance Credit Balance
Opening Stock

Salaries

Bank

Carriage Inwards

Discount Allowed

Purchases

Debtors

Carriage Outwards

Machinery

Return Inward

Trade Expenses

Building

1,02,600

36,000

1,35,000

18,000

6,000

3,00,000

45,000

15,000

54,000

9,000

18,000

60,000

Return Outward

Creditors

Rent Receivable

Bills Payable

Capital

Insurance Claim Received

Sales

48,000

84,000

9,000

60,000

1,65,600

12,000

4,20,00

7,98,600 7,98,600