Question

Following balances are extracted from the Ledger of Mr. Vijay as on 31^st March, 2012 Prepare Trial Balance as on that date.

Particulars	Rs	Particulars	Rs	Particulars	Rs
Capital	70,000	Salaries	7,000	Furniture	6,000
Drawings	17,000	Rent	2,400	Computer	20,000
Purchases	57,000	General expenses	400	Goodwill	10,000
Carriage	2,000	Rates & Taxes	6,000	Cash in Bank	3,000
Sales Return	3,000	Bad Debts	1,600	Cash in hand	400
Sales	1,12,000	Interest Received	400	Debtors	42,800
Discount Received	200	R.D.D.	3,000	Bills Receivable	7,000
Creditors	14,400	Wages	14,400

Answer 1

In the Books of Mr. Vijay
Trial Balance as on March 31,2012
S. No.	Name of Account	Debit Amount (Rs)	Credit Amount (Rs)
1	Capital	–	70,000
2	Drawings	17,000	–
3	Purchases	57,000	–
4	Carriage	2,000	–
5	Sales Return	3,000	–
6	Sales	–	1,12,000
7	Discount Received	–	200
8	Creditors	–	14,400
9	Salaries	7,000	–
10	Rent	2,400	–
11	General Expense	400	–
12	Rates and Taxes	6,000	–
13	Bad Debts	1,600	–
14	Interest Received	–	400
15	RDD	–	3,000
16	Wages	14,400	–
17	Furniture	6,000	–
18	Computer	20,000	–
19	Goodwill	10,000	–
20	Cash in bank	3,000	–
21	Cash In Hand	400	–
22	Debtors	42,800	–
23	Bills Receivable	7,000	–
		2,00,000	2,00,000