Accountancy, asked by chhotep4804, 8 months ago

Question 3.
​Prepare the Trial Balance of Ankit as on 31st March, 2018. He has omitted to open a Capital Account:

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Answers

Answered by Anonymous
4

Answer:

You are required to prepare Trial Balance as on 31st March, 2018. Note: Prepare the Trial Balance of Ankit as on 31st March, 2018. He has omitted to open a Capital Account:

Answered by madeducators2
11

Trial Balance as on 31.3.2018

Explanation:

                                               Trial Balance

                                                    as on 31.3.2018                            

Particulars                                      Debit(Rs.)               Credit(Rs.)  

Bank Overdraft                                                              85000

Sales                                                                              810000

Purchase Returns                                                          22500

Debtors                                            400500

Wages                                                96000

Purchases                                        445000

Cash in Hand                                    8500

Credtitors                                                                       215000

Sales Returns                                    15750

Equipment                                         25000

Opening Stock                                  300500

Capital(bal. fig.)                                                             158750

                                                                                                               

Total                                                  1291250              1291250

                                                                                                                 

Therefore,Capital as per Trial Balance should be Rs.158750

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