The following trial balance extracted from the books of Murugan, prepare trial balance for the year ended 31st Dec. Drawings 20,000 Capital 1,89,000 Plant & machinery 80,000 Sundry debtors 70,000 Sundry creditors 50,000 Purchases 1,03,000 Sales 2,20,000 Sales returns 10,000 Wages 40,000 Cash in hand 5,000 Cash at bank 10,000 Salaries 38,000 Stock 45,000 Rent 10,000 Manufacturing expenses 7,000 Bills receivable 12,000 Bills payable 20,000 Bad debts 5,000 Carriage inwards 9,000 Furniture 15,000
Answers
Answer:
Trial Balance
dr. cr.
drawing. 20000
capital 189000
plant machinery 80000
debtors. 70000
creditors 50000
purchase. 103000
sales 220000
sale return. 10000
wages 40000
cash in hand 5000
cash at bank. 10000
salaries 38000
stock. 45000
rent. 10000
manufacturing
expenses. 7000
bills receivable 12000
bills payable. . 20000
bad debt. 5000
carriage inward. 9000
furniture. 15000
total. .... 479000 479000