Prepare Trial Balance:
Furniture
Salary received
Fish, meat etc.
Cash in hand
Spices
Interest received
Ornaments
Rent received
Educational expenses
Stationery and cosmetics
Municipal taxes
Land and building
Food grains
Vegetables
Cash at bank
Fuel
Utensils
Wages paid to servant
Medical expenses
Travelling expenses
Sundry expenses
Accumulated fund
Answers
Answer:
1)Furniture debit account
2)Salaries received credit account
3)fish meat etc. debit account
4)cash in hand debit account
5)spices debit account
6)interest received credit account
7)ornaments debit account
8)rent received credit account
9)educational expenses debit account
10)stationery and cosmetics credit account
11)Municipal taxes credit account
12)land and building debit account
13)food grains debit account
14)vegetables debit account
15)cash at bank credit account
16)fuel debit account
17)utensils debit account
18)Wages paid to servant credit account
19)medical expenses debit account
20)travelling expenses debit account
21)sundry expenses debit account
22)Accumulated fund credit account
Explanation:
cash in hand debit
cash out of hand credit