Question

From the following Balances of Usha Bhutani, prepare Trial Balance as on March 3, 2018

Opening Stock 60,000

Cost of goods sold 1,50,000

Debtors 60,000

Creditors 30,000

Fixed Assest 50,000

Office Expenses 20,000

Sales 2,00,000

Capital 90,000
Closing Stock 40,000

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Answer 1

Answer:

Balances of Usha Bhutani, prepare Trial Balance as on March 3, 2018

Opening Stock 60,000

Cost of goods sold 1,50,000

Cost of goods sold 1,50,000Debtors 60,000

Cost of goods sold 1,50,000Debtors 60,000Creditors 30,000

Cost of goods sold 1,50,000Debtors 60,000Creditors 30,000Fixed Assest 50,000

Cost of goods sold 1,50,000Debtors 60,000Creditors 30,000Fixed Assest 50,000Office Expenses 20,000

Cost of goods sold 1,50,000Debtors 60,000Creditors 30,000Fixed Assest 50,000Office Expenses 20,000Sales 2,00,000

Capital 90,000

Closing Stock 40,000

Total=500,000