Question

Prepare a trial balance from the following ledger balance extracted from the books of Mr. Harsha Traders, Tumakuru as on 31-3-2017. Sl.no Particulars Balance (Rs) 1 Opening stock 18000 2 Capital 4,72,000 3 Buildings 46,000 4 Plant 33,860 5 Carriages 2000 6 Sales 3,60,000 7 Purchases 3,08,600 8 Sales returns 3640 9 Machinery 4,21,880 10 Interest received 1980

Answer 1

                              Trial Balance

______________________________________Accounts                     Debit               Credit

_____________________________________

Opening Stock        18000

Capital                                                   472000

Building                     46000

Plant                           33860

Carriage                        2000

Sale                                                         360000  

Purchase                   308000

Sale Return                    3640

Machinery                   421000

Interest Received                                       1980

                                  _______             _______

Total :-                       833980               833980

                                                      ============                     =============

Explanation: