Question

Prepare a Trial Balance from the following items:

	₹			₹
Capital	24,000	Building		12,000
Opening Stock	8,500	Returns Inward		1,900
Furniture	2,600	Returns Outward		350
Purchases	8,950	Trade Expenses		1,000
Cash	7,300	Discount Received		970
Carriage	300	Salary		3,000
Sales	22,500	Office Rent		2,270

Answer 1

Trial Balance as on March 31, 2018
S.No.	List of Items	Debit Balances	Credit Balances
1	Capital		24,000
2	Opening Stock	8,500
3	Furniture	2,600
4	Purchases	8,950
5	Cash	7,300
6	Carriage	300
7	Sales		22,500
8	Building	12,000
9	Returns Inward	1,900
10	Returns Outwards		350
11	Trade Expenses	1,000
12	Discount Received		970
13	Salary	3,000
14	Office Rent	2,270
	Total	47,820	47,820