QUESTION NO.: 2 The following balances were extracted from the books of Rahul
Enterprises as on 29* February, 2020:
(10)
HEADS OF ACCOUNT
(RS)
Vehicles
101000
Capital
6. 50.000
Bank Loan
6.00 000
Purchases
6:20 000
Trade Creditors
6.41.000
Sundry Debtors
600.000
Sales
7.30.000
Cash
5.85 000
Rates
94 000
Bank Loan Interest
70 000
Other expenses
3.51 000
During the month of March, the business made the following transactions:
(a) Bought materials for Rs. 50 000 half lor cush and half for credit.
(b) Made Rs. 52,000 sales, Rs 40 000 for which was for credit
(c) Paid Wages to shop assistants TRS 3.000 in cash
You are required to draw up a Trial Balance as on 31 March 2020.
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