Question

Following balances are extracted from the ledger of Shri. Ram as on 31^st March, 2012. Prepare Trial Balance as on that date.

Particulars	Rs	Particulars	Rs	Particulars	Rs
Capital	4,50,000	Sales	3.60,000	Coal, Gas & Water	10,000
Drawings	25,000	Cash in hand	5,000	Bills Receivable	20,000
Investment	10,000	Opening stock	40,000	Bills Payable	10,000
Building	70,000	Bad Debts	1,000	Trade Expenses	500
Debtors	20,000	Carriage Inward	5,000	Royalty	9,000
Creditors	25,000	Wages	20,000
Bank Loan	15,000	Plant & Machinery	3,00,000	Purchases	2,35,000
Furniture	60,000	Sales Return	7,000	Salary	20,000
General Insurance	2,000	Bank Charges	500

Answer 1

In the Books of Shri Ram
Trial Balance as on March 31,2012
S. No.	Name of Account	Debit Amount (Rs)	Credit Amount (Rs)
1	Capital	–	4,50,000
2	Drawings	25,000	–
3	Investments	10,000	–
4	Building	70,000	–
5	Debtors	20,000	–
6	Creditors	–	25,000
7	Bank Loan	–	15,000
8	Furniture	60,000	–
9	General Insurance	2,000	–
10	Sales	–	3,60,000
11	Cash in Hand	5,000	–
12	Opening Stock	40,000	–
13	Bad Debts	1,000	–
14	Carriage Inward	5,000	–
15	Wages	20,000	–
16	Plant and Machinery	3,00,000	–
17	Sales Return	7,000	–
18	Bank Charges	500	–
19	Coal, Gas and Water	10,000	–
20	Bills Receivable	20,000	–
21	Bills Payable	–	10,000
22	Trade expenses	500	–
23	Royalty	9,000	–
24	Purchases	2,35,000	–
25	Salary	20,000	–
		8,60,000	8,60,000