Prepare the Trial Balance of Mr. Yellow's business as at 31st December.
Name of the Account Amount (Rs.)
Capital 26,900
Bank 2,500
Purchases 4,400
Sales 26,000
Akshay (Debtor) 1,700
Rent 2,200
Electricity 1,850
Motor Van 40,250
Answers
It is the trail balance sheet as per ledger...
The answer is shown below:
Explanation:
The preparation of the trial balance is presented below:
Mr. Yellow's business
December 31
Trial Balance
Particulars Debit Credit
Capital Rs. 26,900
Bank Rs. 2,500
Purchases Rs. 4,400
Sales Rs. 26,000
Akshay (Debtor) Rs. 1,700
Rent Rs. 2,200
Electricity Rs. 1,850
Motor Van Rs. 40,250
Total Rs. $52,900 Rs. $52,900
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