Question

from the following trial balance are extracted from the book of kamal nath prepare trading and profit and loss A/c and balance sheet for the year ended 31-12-96​

Answer 1

Answer:

ac and

dc is

163(8)

&(37)

Answer 2

Answer:

Trial balance contains the debit and credit balances of all ledger accounts which is useful in preparation process of final accounts.

Trail balance is prepared from the balances extracted, after ledger balancing.

The brought forwarded debit balances and credit balances are transferred to trial balance.

Explanation:

Reason for not solving the problem:

Given question is incomplete as ledger balances are not found.