Question

From the following ledger balances of Mr. Jaydeep you are required to prepare Trial Balance as on 31st March, 2012.

Particulars	Rs	Particulars	Rs	Particulars	Rs
Capital	1,00,000	Purchases	1,90,000	Wages	24,000
Drawings	3,000	Sales	3,02,000	Insurance	1,600
Opening Stock	44,000	Purchase Return	2,000	Discount Received	200
Bills Receivable	1,800	Sales return	6,000	Postage	800
Salaries	10,000	Carriage outward	1,400	Cash in hand	9,800
Debtors	70,400	Furniture	24,000	Machinery	80,200
Creditors	64,200	Rent & Taxes	1,200	Printing & Stationery	400

Answer 1

In the Books of Mr. Jaydeep
Trial Balance as on March 31,2012
S. No.	Name of Account	Debit Amount (Rs)	Credit Amount (Rs)
1	Capital	–	1,00,000
2	Drawings	3,000	–
3	Opening Stock	44,000	–
4	Bills Receivable	1,800	–
5	Salaries	10,000	–
6	Debtors	70,400	–
7	Creditors	–	64,200
8	Purchases	1,90,000	–
9	Sales	–	3,02,000
10	Purchase Return	–	2,000
11	Sales Return	6,000	–
12	Carriage outwards	1,400	–
13	Furniture	24,000	–
14	Rent and Taxes	1,200	–
15	Wages	24,000	–
16	Insurance	1,600	–
17	Discount Received	–	200
18	Postage	800	–
19	Cash in hand	9,800	–
20	Machinery	80,200	–
21	Printing and stationery	400	–
		4,68,400	4,68,400