The following is theTrial Balance prepared by an inexperienced accountant.Redraft it in a correct form:-
Trial Balance as on 31stMarch 2019
Particulars Amount(Rs
.) Particulars Amount(Rs)
Cash in Hand 5,200 Bank Overdraft 16,400
Plant & Machinery 75,000 Capital 53,800
Typewriter 6,400 Goodwill 8,000
Stock (1-4-2016) 13,100 SundryCreditors 8,220
Purchases 84,100 Sales 1,60,000
Carriage Inwards 2,800 Return Inwards 2,400
Carriage Outwards 1,600 Drawings 2,100
Sundry Debtors 18,300 Investments 4,400
Bills Payable 12,000
Rent Paid 9,600
Wages 16,500
Advertisement 4,500
Discount Received 3,200
Answers
Answer:
Trail Balance
particulars. (+). (-)
cash in hand 5200
bank overdraft 16400
plant &machinery 75000
capital. 53800
typewriter. 6400
Goodwill. 8000
Stock. 13100
creditors. 8220
Purchase. 84100
Sales. 160000
carriage inward. 2800
return inward. 2400
carriage outward. 1600
drawings. 2100
Debtors. 18300
Investment. 4400
bills payable. 12000
rent paid 9600
wages. 16500
advertisement. 4500
discount received. 3200
total. 253620. 253620