Question

Prepared Trial balance from the following information

Answer 1

Trial Balance
S.No.	Particulars	L.F.	Debit Amount (Rs)	Credit Amount (Rs)
1	Cash in Hand		20,000
2	Fixed Assets		25,000
3	Capital			77,200
4	Purchases		45,000
5	Sales			20,500
6	Discount Allowed		500
7	Return Inward		1,000
8	Return Outward			1,400
9	Wages & Salaries		10,000
10	Debtors		2,680
11	Creditors			9,400
12	Drawings		2,000
13	Discount Received			700
14	Bills Receivable		2,340
15	Bills Payable			4,320
16	Rent		3,000
17	Interest Paid		2,000
	Total		1,13,520	1,13,520