Question

The following trial balance consists of errors. Prepare the correct
trial balance:


Sl. No.
Particulars
Debit (₹)
Credit (₹)



1
Owner's Equity
1,551



2
Drawings
560



3
Equipment
2,850



4
Sales
2,850



5
Due from Customers
530



6
Purchases
1,260


7
Purchase Return
364



8
Bank Loan
996


9
Creditors
528



10
Taxes
720


11
Cash in Hand
226



12
Bills Payable
680



13
Inventory
264


14
Repairs
Return Inwards
461



15
98


Total
7,649
6,289

Answer 1

Answer:

Debit card - bank

Credit card - Almost everywhere

1551+2850+7649+6289+680+720+226+528+996+364

next step in substraction 98-15-461-14-264-13-12-10-11-9-8-7-6-5-4-3-2-1