Question

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

Answer 1

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