Q.14 Prepare trial balance in the book of Avinash on the basis of the following balance:
Capital Rs. 40000, creditor Rs. 5000 Bank overdraft Rs. 4000, Bills Payable Rs. 2000, Opening stock Rs.
6000, purchase Rs. 25000, Debtor Rs. 6500, Sales Rs. 20000, Purchase return Rs.1000, Sales return Rs. 500,
Machinery Rs. 24000, Cash Rs. 4000, Bank balance Rs. 1000, Bill.Receivable Rs. 5000
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Answer:
TRIAL BALANCE TOTAL IS RS.72000/-
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