Accountancy, asked by imdeburoy2003, 5 months ago

39. The following trial balance of Md. Jamal of Ranaghat was wrongly prepared by an accountant. You are
required to draw a correct Trial Balance stating reasons :
Ledger acounts
Debit

Credit
2,50,000
7,00,000
2,25,000
Capital
Purchases
Opening stock
Bills payable
Wages
1,50,000
7,500
8,00.00​

Answers

Answered by SimranPanda
0

CASH BOOK

Dr.    

Cr.

Date  Particulars L.F. Cash Bank Date Particulars L.F. Cash Bank

2015     ₹ ₹ 2015     ₹ ₹

Jan. 1  To Capital A/c   5,00,000    Jan. 2  By Bank A/c C 4,30,000    

Jan. 2  To Cash A/c C   4,30,000 Jan. 3  By Purchases A/c        42,000  

Jan. 10  To Sales A/c   36,000              

Jan. 12  To Sales A/c     20,000 Jan. 20  By Mukesh     5,52,000  

         Jan. 27  By Rent A/c   8,000    

Jan. 15  To Navdeep     4,70,000          

Jan.18  To Onkareshwar            2,65,000          

     5,36,000   11,85,000         4,38,000  5,94,000

         Jan. 31  By Balance c/d   98,000  5,91,000

     5,36,000  11,85,000        5,36,000 11,85,000

                   

Feb. 1  To Balance b/d   98,000  5,91,000            

                   

 

CAPITAL ACCOUNT

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

2015     ₹ 2015     ₹

Jan. 31 To Balance c/d               5,00,000 Jan. 1 By Cash A/c   5,00,000

               

       Feb.1 By Balance b/d          5,00,000

 

PURCHASES ACCOUNT

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

2015     ₹       ₹

Jan. 3 To Bank A/c             42,000                                

Jan. 31 To Sundries as per Purchase Book    

6,40,000        

               

 

PURCHASES RETURN ACCOUNT

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

     ₹ 2015     ₹

       Jan. 31 By Sundries as per Purchase Return Book  

 

10,000

               

 

SALES ACCOUNT

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

     ₹ 2015     ₹

       Jan. 10 By Cash A/c   36,000

       Jan. 12 By Bank A/c   20,000

       Jan. 31 By Sundries as per Sales Book    

9,25,000

               

 

SALES RETURN ACCOUNT

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

2015     ₹       ₹

Jan. 31 To Sundries as per                  

    Sales Return            

    Book   15,000        

 

MUKESH

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

2015     ₹ 2015     ₹

Jan. 7 To Purchase Return A/c   10,000 Jan. 6 By Purchases A/c          6,40,000

Jan. 20 To Bank A/c   5,52,000        

Jan. 31 To Balance c/d      78,000        

     6,40,000       6,40,000

               

       Feb. 1 By Balance b/d   78,000

 

NAVDEEP

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

2015     ₹ 2015     ₹

Jan. 13 To Sales A/c                    6,00,000 Jan. 15 By Bank A/c   4,70,000

       Jan. 31 By Balance c/d   1,30,000

     6,00,000       6,00,000

               

Feb. 1 To Balance b/d   1,30,000        

 

ONKARESHVAR

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

2015     ₹       ₹

Jan. 14 To Sales A/c   3,25,000 Jan. 15 By Sales Return A/c   15,000

       Jan. 18 By Bank A/c   2,65,000

       Jan. 31 By Balance c/d   45,000

     3,25,000       3,25,000

               

Feb. 1 To Balance b/d   45,000        

 

RENT ACCOUNT

Dr.           Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

2015     ₹                                    ₹

Jan. 27 To Cash A/c                  8,000        

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