Following are ledger balances of Mr. Jaydeep, you are required to prepare Trial Balance as on 31st March, 2012.

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Solution

In the books of Mr. Jaydeep

Trial Balance

as on March 31,2012

Particulars

Debit Amount (Rs.)

Credit Amount (Rs.)

Capital

1,00,000

Drawings

3,000

Opening Stock

44,000

Bills Receivable

1,800

Salaries

10,000

Debtors

70,400

Creditors

64,200

Purchases

1,90,000

Sales

3,02,000

Purchase Return

2,000

Sales Return

6,000

Carriage Outward

1,400

Furniture

24,000

Rent and Taxes

1,200

Wages

24,000

Insurance

1,600

Discount Received

200

Postage

800

Cash in Hand

9,800

Machinery

80,200

Printing and Stationary

400

4,68,400

4,68,400

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Q. Following are the Ledger Balances of Sri Paul on 31st March, 2018:


	₹		₹
Sundry Debtors (Dr.)	79,300	Interest on Loan	10,000
Sundry Creditors (Cr.)	1,36,500	Conveyance	200
Rent (Cr.)	6,300	Furniture	30,000
Miscellaneous Expenses	3,200	Commission	4,000
Plant and Machinery (Dr.)	7,98,750	Plant and Machinery (Cr.)	90,000
Creditors and Furniture	30,000	Sundry Debtors (Cr.)	20,800
Opening Stock	40,000	Drawings	15,000
Discount (Cr.)	9,900	Salaries and Wages	25,900
Sundry Creditors (Dr.)	36,500	Discount (Dr.)	5,500
Buildings (Dr.)	9,81,000	Capital	5,00,000
Rent	12,000	Purchases	3,13,450
Loan (Cr.)	10,00,000	Sales	5,61,300
Input IGST A/c	2,500	Input SGST A/c	1,000
Input CGST A/c	1,000	Output IGST A/c	4,500

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Q. Following balances were extracted from the ledger of Shri Govinda on 31st March 2012. Prepare Trial Balance as on 31st March 2012.

Q. From the following ledger balances, prepare a Trial balance of Shri Ramakant as on 31st March 2012.

Q. Following is the Trial Balance of Shri Bansi Lal as on 31st March, 2018. You are required to prepare Final Accounts:

Particulars		Dr. (₹)	Cr. (₹)
Sundry Creditors	................................................................................	…	63,000
Sundry Debtors	................................................................................	1,45,000	…
Capital A/c	................................................................................	…	7,10,000
Drawings	................................................................................	52,450	…
Insurance	................................................................................	6,000	…
General Expenses	................................................................................	30,000	…
Salaries	................................................................................	1,50,000	…
Patents	................................................................................	75,000	…
Machinery	................................................................................	2,00,000	…
Freehold Land	................................................................................	1,00,000	…
Building	................................................................................	3,00,000	…
Stock on 1st April, 2017	................................................................................	57,600	…
Carriage on Purchases	................................................................................	20,400	…
Carriage on Sales	................................................................................	32,000	…
Fuel and Power	................................................................................	47,300	…
Wages	................................................................................	1,04,800	…
Returns Outward	................................................................................	…	5,000
Returns Inward	................................................................................	6,800	…
Sales	................................................................................	…	9,87,800
Purchases	................................................................................	4,06,750	…
Cash at Bank	................................................................................	30,300	…
Cash in Hand	................................................................................	5,400	…
Input CGST	................................................................................	20,000	…
Input SGST	................................................................................	20,000	…
Output CGST	................................................................................	…	22,000
Output SGST	................................................................................	…	22,000
Total		18,09,800	18,09,800

Following adjustments are to be made:
(a) Stock on 31st March, 2018 was valued at ₹ 68,000.
(b) Provision for Doubtful Debts is to be created to the extent of 5% on Debtors.
(c) Depreciate Machinery by 10% and Patents by 20%.
(d) Wages include a sum of ₹ 20,000 spent on the erection of a cycle shed for employees and customers.
(e) Salaries for the month of March, 2018 amounted to ₹ 15,000 were unpaid.
(f) Insurance includes a premium of ₹ 1,700 on a policy expiring on 30th September, 2018.

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In the books of Mr. Jaydeep
Trial Balance
as on March 31,2012
Particulars	Debit Amount (Rs.)	Credit Amount (Rs.)
Capital		1,00,000
Drawings	3,000
Opening Stock	44,000
Bills Receivable	1,800
Salaries	10,000
Debtors	70,400
Creditors		64,200
Purchases	1,90,000
Sales		3,02,000
Purchase Return		2,000
Sales Return	6,000
Carriage Outward	1,400
Furniture	24,000
Rent and Taxes	1,200
Wages	24,000
Insurance	1,600
Discount Received		200
Postage	800
Cash in Hand	9,800
Machinery	80,200
Printing and Stationary	400
	4,68,400	4,68,400