Prepare a Trial Balance from the following balances of Mr. Malhotra as at 31st March, 2016:
Name of Accounts Rs. Name of Accounts Rs.
Opening Stock 30,000 Furniture 6,400
Purchases 80,000 Machinery 54,000
Purchases Returns 6,000 Debtors 64,000
Sales 1,78,200 Creditors 9,000
Sales Returns 7,300 Bills Receivable 4,200
Rent 1,700 Bills Payable 2,000
Salaries 5,800 Cash in hand 9,000
Advertisement 800 Bank Overdraft 15,000
Commission Received 1,200 Interest on Overdraft 1,000
Discount Cr. 800 Capital 60,000
Drawings 8,000
Answers
Answer:
name of account Dr. cr.
opening stock 30,000
furniture 6,400
purchasea 80,000
Machinery 54,000
purchase return 6,000
debtors 64,000
sales 1,78,200
creditors 9,000
sales return 7,300
bills Recivebale 4,200
rent 1700
bills payable 2000
salaries 5800
cash 9000
advertisement 800
bank overdraft 15,000
commission 1200
interest on overdraft 1000
discount 800
capital 60,000
drawings 8000
total 2,72,200 2,72,200