Question

Q31. Prepare a trial balance as at March 31, 20014 based on the following balances by using Balances method:
Accounts Title Amount
Rs.
Capital 1,00,000
Drawings 16,000
Investments 20,000
Sales 2,00,000
Purchases 2,10,000
Sales return 20,000
Purchases return 30,000
Wages 40,000
Goodwill 60,000
Commission received 15,000
Discount allowed 6,000
Bank overdraft 22,000
Bank loan 90,000
Debtors :
Suresh 55,000
Prepaid rent 20,000
Creditors :
Neena 35,000
Outstanding salaries 25,000
Bills receivables 54,000
Stock on April 01, 2013 16,000

Answer 1

I have made a trial balance for this question.
Hope it will help you