Question

From the following information prepare Trial Balances as at 31st march, 2020.

Particulars Amount(`) Particulars Amount (`)

Cash in hand 1,080 Carriage inwards 4,080

Cash at bank 45,260 Opening stock 16,520

purchases 81,350 Building 80,000

Purchases return 1,000 Machinery 40,000

Sales 1,97,560 Salaries 30,000

Sales return 1,360 General expenses 21,000

Wages 30,420 Insurance 1,200

Capital 1,62,000 Carriage outwards 6,400

Drawings 10,490 Creditors 37,600

Debtors 29,000

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Answer 1

Answer:

Particulars Amount(`) Particulars Amount (`) Cash in hand 1,080 Carriage inwards 4,080. Cash at bank 45,260 Opening stock 16,520 purchases 81,350 Building 80,000. Purchases returnin the Income and Expenditure Account for the year ended 31st March 2019,

Rs

Stock of Stationery as at 1st April 2018

12,000

Creditors for Stationery as at 1st April 2018

25,600

Amount paid of Stationery during the year ended 31st March 2019

1,40,00

Stock of Stationery as at 31st March 2019

23,200

Creditors for Stationery as at 31st March 2019

24,000