Question

Trial Balance as on 31st March 2015
Debit
Credit
3,00,000
Capital
Drawings
13000
Machinery
2,84,000
Debtors
38,000
Creditors
25,000
Cash in hand
10,000
Cash at Bank
25,000
Purchases
2,00,000
Sales
2,90,000
General Expenses
45,000
6,15,000 6,15,000
1. Invested additional capital of 1,00,000 for the purchase of Machinery
2. A debtor cleared his account of 20,000 through a cheque
3. Goods worth *1500 were returned to the supplier​

Answer 1

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Explanation:

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