Rent a/c 20000
Return outward a/c 5000
Drawing a/c 7000
Leasehold premises 90000
Charity 900
Discount a/c(credit) 500
Make a trial balance for this plz help anyone
Answers
Answer:
particulars. debit. credit
rent 20,000
return outward. 5,000
drawings. 7,000
leasehold premises 90,000
charity 900
discount (cr). 500
Answer with explanation:
Trial balance is a well defined accounting statement represented by two way-column , in which one column represents debits and the other column represent credit. The total sum of the debit column and credit column remains equal.
Usually, It is prepared after all the transactions have jounalized and posted to the Ledger.
Given :
Rent a/c 20000
Return outward a/c 5000
Drawing a/c 7000
Leasehold premises 90000
Charity 900
Discount a/c(credit) 500
We assume that Balance figure is Capital because capital figure is not given. (Since without initial investment which is well known as capital, we can not do any business.)
