Prepare trial balance:
Purchase ₹1,00,000 stock ₹4,00,000
Bank loan ₹ 3,00,000 sales ₹ 2,00,000
Debtors ₹4,50,000 creditors ₹4,50,00
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Answer:
Particulars Amount (Dr) Amount (Cr)
Purchases 100000
Stock 400000
Bank loan 300000
Sales 200000
Debtors 450000
Creditors 450000
Total 550000 550000
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