Question 7.
Following are the Ledger Balances of Sri Paul on 31st March, 2018:
You are required to prepare Trial Balance as on 31st March, 2018.
Answers
al Balance with the following information: ... Prayag for the year ended 31st March, 2018: ... Trial Balance of M/s. Prayag. as on March 31, 2018. S.No. Name of ........
Trial Balance as at 31.3.2018
Explanation:
Trial Balance
as on 31.3.2018
Particulars Debit(Rs.) Credit(Rs.)
Sundry Debtors 58500
Sundry Creditors 100000
Rent 6300
Misc. Expenses 3200
P&M 708750
Creditors 30000
Opening Stock 40000
Discount Received 9900
Buildings 981000
Rent 12000
Loan 1000000
Input IGST 2500
Input CGST 1000
Interest on Loan 10000
Conveyance 200
Furniture 30000
Commission 4000
Drawings 15000
Salaries and Wages 25900
Discount Allowed 5500
Capital 500000
Purchases 313450
Sales 561300
Input SGST 1000
Output IGST 4500
Total 2212000 2212000