Question

prepare trail balance for
interest received 1500
purchase returns 2500
wages 500
rent 1000
bad debts 700
bills receivable 3500
insurance paid a/c 2000
goodwill a/c 15000
discount received a/c 500
prepaid insurance a/c 500
outstanding rent a/c 1000
sundry creditors a/c 28000
commission received a/c 1000​

Answer 1

Answer:

1. Cr

2. Cr

3. Dr

4. Dr

5. Dr

6. Dr

7. Dr

8. Cr

9. Cr

10. Dr

11. Dr

12. Cr

13. Cr