hi, please give me answer of this:
que.You are asked to prepare a trial balance of various balance appear in the books of Manita Duggal as on 31st March,2017:
Capital 20000
Machinery 45000
Creditors 17000
Bills payable 5700
Investment 20000
Sales 158800
Bank 3170
Apprentice Premium 2200
Rent paid 1800
Office expenses 3200
Drawings 16000
Discount received 1550
Building 30000
Rates and Taxes 2500
Debtors 28000
Bills receivable 4900
Purchases 220000
Sales return 8800
Cash 700
Postage 980
Loan for Madhav 8000
Interest on investment 1800
Opening stock 10000
Closing stock 7000
(ans.Total of trail balance 395050)
Answers
Answer:
trial balance of Manita Duggal as on 31st March,2017:
debit balance
Capital. 20000
Machinery. 45000
Office expenses. 3200,
Rent paid 1800
Building 30000
Rates and Taxes. 2500
Debtors 28000
Purchases 220000
Postage 980
Opening stock 10000
credit balance
Creditors 17000
Bills payable. 5700
Investment 20000
Sales 158800
Bank. 3170
Discount received 1550
Bills receivable 4900
Sales return 8800
Cash 700
Loan for Madhav 8000
Interest on investment 1800
Closing stock 7000
Apprentice Premium 2200
Explanation:
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