Question

From the following ledger balances Prepare Trial Balance of Mr. Vinod as on 31^st March, 2012.

Particulars	Rs	Particulars	Rs	Particulars	Rs
Capital	1,40,000	Land & Building	20,000	Insurance	5,000
Wages	8,500	Carriage outward	500	Bad Debts	2,000
Salary	4,000	Drawings	7,000	Plant & Machinery	25,000
Commission (Dr.)	1,500	Commission (Cr.)	850	Mobile Charges	2,800
Purchases	30,000	Sales	84,500	Opening Stock	15,500
Sales Return	2,500	Purchase Return	2,150	Interest (Cr.)	3,000
Printing and		R.D.D.	2,500	Rent, Rates & Taxes	1,000
Stationery	1,950	Advertisement	3,500	Debtors	46,000
Furniture	60,000	Cash in Bank	4,250	Creditors	28,000
Investment	18,000	Bank loan	25,000	Postage & Telegram	2,000

Answer 1

In the Books of Mr. Vinod
Trial Balance as on March 31,2012
S. No.	Name of Account	Debit Amount (Rs)	Credit Amount (Rs)
1	Capital	–	1,40,000
2	Wages	8,500	–
3	Salary	4,000	–
4	Commission Dr	1,500	–
5	Purchases	30,000	–
6	Sales Return	2,500	–
7	Printing and Stationery	1,950	–
8	Furniture	60,000	–
9	Investment	18,000	–
10	Land and Building	20,000	–
11	Carriage Outward	500	–
12	Drawings	7,000	–
13	Commission Cr	–	850
14	Sales	–	84,500
15	Purchase Return	–	2,150
16	R.D.D	–	2,500
17	Advertisement	3,500	–
18	Cash in bank	4,250	–
19	Bank loan	–	25,000
20	Insurance	5,000	–
21	Bad debts	2,000	–
22	Plant and Machinery	25,000	–
23	Mobile Charges	2,800	–
24	Opening Stock	15,500	–
25	Interest (Cr.)	–	3,000
26	Rent, Rates and Taxes	1,000	–
27	Debtors	46,000	–
28	Creditors	–	28,000
29	Postage and Telegram	2,000	–
		2,61,000	2,86,000

Note: There is an error in the question (as per the book) because of which Trial Balance does not tally.