Question

​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

You are required to prepare Trial Balance as on 31st March, 2018.

Answer 1

Trial Balance as on March 31, 2018
S.No.	List of Items	Debit Balances	Credit Balances
1	Sundry Debtors	58,500
2	Sundry Creditors		1,00,000
3	Rent (Cr.)		6,300
4	Miscellaneous Expenses	3,200
5	Plant & Machinery	7,08,750
6	Creditors for Furniture		30,000
7	Opening Stock	40,000
8	Discount (Cr.)		9,900
9	Buildings	9,81,000
10	Rent	12,000
11	Loan (Cr.)		10,00,000
12	Input IGST A/c	2,500
13	Input CGST A/c	1,000
14	Interest on Loan	10,000
15	Conveyance	200
16	Furniture	30,000
17	Commission	4,000
18	Drawings	15,000
19	Salaries & Wages	25,900
20	Discount (Dr.)	5,500
21	Capital		5,00,000
22	Purchases	3,13,450
23	Sales		5,61,300
24	Input SGST A/c	1,000
25	Output IGST A/c		4,500
	Total	22,12,000	22,12,000