Question

Prepare a Trial Balance from the following balances as at 31st March 2017 :−

	(₹)		(₹)
Stock on 1-4-2016	28,800	Returns Inwards	7,500
Purchases	82,000	Returns Outwards	5,600
Sales	1,60,000	Carriage Inwards	1,640
Wages	16,160	Carriage Outwards	3,200
Salaries	6,400	Furniture	12,000
Repair Charges	500	Motor Car	80,000
Commission Received	800	Cash in Hand	4,700
Sundry Debtors	24,200	Bank Overdraft	25,400
Sundry Creditors	7,300	Investments	20,000
Capital	90,000	Interest on Investments	2,400
Drawings	4,400

Answer 1

Trial Balance as on March 31, 2017
Name of Accounts	L.F.	Debit Balance (Rs)	Credit Balance (Rs)
Stock		28,800
Purchases		82,000
Sales			1,60,000
Salary		6,400
Repair Charges		500
Wages		16,160
Commission Received			800
Sundry Debtors		24,200
Sundry Creditors			7,300
Capital			90,000
Drawings		4,400
Return Inwards		7,520
Return Outwards			5,600
Carriage Inwards		1,640
Carriage Outwards		3,200
Furniture		12,000
Motor Car		80,000
Cash In Hand		4,700
Bank Overdraft			25,400
Investment		20,000
Interest on Investment			2,400
Total		2,91,500	2,91,500