prepare trial balance from following information prepaid expenses rs 5000 profit & loss account profit 8000 outstanding rent rs 2000 bad debts recovered rs 4000 interest on investment rs 1000
due to mohan 5000 bank overdraft rs 2000 discount allowed rs 800 due from vinod rs 1200 investment rs 15000 patents rs 4000 machinery rs 6000 capital rs 10000
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Ans -: prepaid expenses Rs 5000 ...Dr
profit Rs 8000... Cr
outstanding rent 2000 Cr
Bad debts recovered 400 Cr
interest on investment 10. cr
Mohan. 5000 Dr
bank overdraft 2000 Cr
Vinod............... 1200 Cr
investment 1500 Dr
machinery 1600 Dr
Capital 10000 Cr
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