prepare trial balance in the books of Mr virik for the year ended 31st December 2003
Answers
This can b done by accounting rules...i.e
# Dr. the reciever, Cr. the giver
# Dr. what comes in, Cr. what goes out
# Dr. the expenses, Cr. the income
TRIAL BALANCE
In the Books of Mr. S Virik
For the year ended 31th dec 2003
Dr. Cr.
Particulars amount (₹) amount(₹)
Premises 30,000
Cash at Bank 8,000
Creditors 3,000
General Factory Exp 3,000
Opening Stock 10,000
Investments 5,000
Goodwill 6,000
Debtors 10,000
Sales 60,000
Capital 50,000
Purchases 30,000
Bank loan 5,000
Motor vehicles 3,500
Salaries 4,000
Machienary 8,500
---------------- ----------------
Total : 1,18,000 1,18,000