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Question

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

Particulars

Rs

Particulars

Rs

Particulars

Rs

Stock (1-4-11)

44,000

Trade Expense

4,000

Furniture

16,000

Purchases

1,70,000

Debtors

72,000

Advertisement

8,000

Sales

3,20,000

Creditors

40,000

Office Rent

10,000

Return Inward

10,000

Salaries

38,000

Drawings

14,000

Carriage

4,000

Insurance

2,400

Good will

6,000

Motive Power

6,000

Postage

3,600

Bank Loan

32,000

Wages

56,000

Commission (Dr.)

5,000

Building

24,000

Plant & Machinery

60,000

Commission (Cr.)

4,000

Capital

1,50,000

Bills Payable

10,000

Cash in hand

3,000

Open in App
Solution

In the Books of Shri Govinda

Trial Balance

as on March 31,2012

S. No.

Name of Account

Debit

Amount

(Rs)

Credit

Amount

(Rs)

1

Stock 01-04-11

44,000

2

Purchases

1,70,000

3

Sales

3,20,000

4

Return Inward

10,000

5

Carriage

4,000

6

Motive power

6,000

7

Wages

56,000

8

Plant and Machinery

60,000

9

Bills Payable

10,000

10

Trade expenses

4,000

11

Debtors

72,000

12

Creditors

40,000

13

Salaries

38,000

14

Insurance

2,400

15

Postage

3,600

16

Commission Dr

5,000

17

Commission Cr

4,000

18

Cash in Hand

3,000

19

Furniture

16,000

20

Advertisement

8,000

21

Office Rent

10,000

22

Drawings

14,000

23

Goodwill

6,000

24

Bank Loan

32,000

25

Building

24,000

26

Capital

1,50,000

5,56,000

5,56,000


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