Question

From the following ledger balances, prepare a Trial Balance of Mr Nilesh as on 31st March 2012.

Particulars	Amt. Rs	Particulars	Amt. Rs	Particulars	Amt. Rs
Goodwill	40,000	Plant and Machinery	1,60,000	Patents	36,000
Carriage	17200	General Expenses	2,800	Electricity and Lighting	12,000
Debtors	48,000	Advertisement	6,000	Bank Loan	2,00,000
Trade Expenses	1,200	Furniture	28,400	Wages	56,000
Capital	2,00,000	Purchases	1,18,000	Opening Stock	41,600
Creditors	82,000	Land and building	2,13,200	Printing and Stationary	8,400
Sales	3,00,800	Commission (Cr.)	1,600	Interest on Bank Loan	8.000
Discount (Dr.)	1,600	Cash in Hand	2,000	Bills Payable	19,200

Answer 1

Trial Balance as on 31st March 2012

Particulars	L.F. No.	Debit Balance Rs.	Credit Balance Rs.
Goodwill Carriage Debtors Trade Expenses Capital Creditors Sales Discount (Dr.) Plant and Machinery General Expenses Advertisement Furniture Purchases Land and Building Commission (Dr.) Cash in Hand Patents Electricity and Lighting Bank Loan Wages Opening Stock Printing and Stationary Interest on Bank Loan Bill Payable		40,000 17,200 48,000 1,200 - - - 1,600 1,60,000 2,800 6,000 28,400 1,18,000 2,13,200 1,600 2,000 36,000 12,000 - 56,000 41,600 8,400 8000 -	- - - - 2,00,000 82,000 3,00,800 - - - - - - - - - - - 2,00,000 - - - - 19,200

8,02,000

8,02,000