Question

There are several Mistakes in the Umer & Brothers (Pvt.) Ltd. Trial Balance.
You are requested to identify Errors and make corrected Trial Balance? (10)
Credit
Debit
S.No
Heads of Accounts
Ref
1.551
Umer Owner Equiry
Umer Drawings
560
Equipments
2.850
Sales
2.850
Due from Customers
530
1.260
Purchases
Purchase Return
364
Bank Loan
996
Creditors
528
Taxes
720
10
Cash in Hand
226
11
Note Payable
680
12
264
Inventory
13
Repair
461
14
Return Inward
98
15
Rs. 6,289
Rs. 7,649
Total
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Answer 1

Answer:

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Explanation:

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