Question

Prepare Trial Balance from the following balances: (6)

Opening Stock- 20000, purchases- 85000, Purchases Return- 5000, Sales- 160000, Sales return

– 6200,Rent- 1200, Salaries- 5700, Advertisement- 880, Commission Received- 1440, discount Cr.-

710, Furniture- 6000, Machinery- 62000, Debtors- 36000, Creditors – 12750, Bills Receivable-

4600, Bills Payable-2500, Cash in hand- 11220, Bank overdraft – 10000, Interest On overdraft- 1800,

capital- 50000, Drawings-7800, Input CGST- 5000, Input SGST- 5000, Output CGST- 8000, Output

SGST-800​

Answer 1

Answer:

yes

Explanation:

particulars Debit₹. particulars. credit₹

opening. sales. 160000

stock. 20000. purchase

returns. 5000

purchase. 85000. commission

received. 1440

sales return. 6200. creditors. 12750

bills

rent 1200. payable. 2500

salaries. 5700. bank

advertise. overdraft. 10000

ment. 880. interst on

discount. 710 overdraft 1800

furniture. 6000. capital. 50000

machinery. 62000. input CGST. 5000

debtors. 36000. input SGST. 5000

bills receiva. output CGST. 8000

able. 4600. output SGST. 800

cash in

hand 11220

drawing 7800