Question

Answer of this trial
Balance ?

Answer 1

Answer:

Debit side. credit side

Purchase 60000 Sales 127000

Sales return 1500. Purchase return 1275

Machine 90000. Discount received800

Opening stock 40000. Sundry creditors20000

Discount allowed 350. Bank overdraft 5000

Bank charges100

Sundry debtor 45000

Salary 7000

wages 10000

Freight inward 1000

Freight outward 1200

Rent and rates 2000

Advertisement 2000

Cash in hand 7000

Closing stock 30000

Total of trial balance=2,95,150

Hope it helps you