From the following, prepare a trial balance Cash Rs.12,420,Capital Rs. 45000; Bank Rs. 14,000; Purchases Rs. 22,000;
Furniture Rs. 5,000; Sales Rs. 12,500; Return outwards Rs. 1,020;
Drawings Rs. 1,000; Rent Rs. 400; Wages Rs. 200; Repairs Rs. 1,000;
Salaries Rs. 2,500
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Answer:
Dr. ₹58,520
Cr ₹58,520
Explanation:
cash,bank, purchase, furniture, drawing,rent,wages, repair, salary-debit. return outward (purchase return), capital,sales-credit.
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