Question

1. Prepare Trial Balance in the books of Raja Ram from the balance on 31 March
2019.
cost of goods sold 3,00,000. debtors 1,20,000 , Creditors 60.000,Fixed Assets
1,00,000. Expenses 40,000 sales 4,00,000 Capital 1,82,000. drawing 2,000. opening
stock 1,20,000, closing stock 80,000.

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Answer 1

Answer:

debit balance

1) debtors. 1,20,000

2) expense. 40,000

3)capital. 1.82,000

4)opeaning stock 1,20,000

5) drawing. 2,000

4,64,000

credit balance

1)goods sold. 3,00,000

2) creditors. 60,000

3) fixed asstes. 1,00,000

4)sales. 4,00,000

5) closing stock. 80,000

9,40,000

Explanation:

I hope this is correct

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