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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Problem No 6 Chapter No 11 Unimax Class 11
From the following trial balance containing some errors, prepare correct trial balance:
| Name of A/c | L.F. | Balance | Balance |
| Dr. | Cr. | ||
| Purchases | 60,000 | ||
| Reserve fund | 20,000 | ||
| Sales | 1,00,000 | ||
| Purchases returns | 1,000 | ||
| Sales return | 2,000 | ||
| Opening stock | 30,000 | ||
| Closing stock | 40,000 | ||
| Expenses | 20,000 | ||
| Outstanding expenses | 2,000 | ||
| Bank balance | 5,000 | ||
| Assets | 50,000 | ||
| Debtors | 80,000 | ||
| Creditors | 30,000 | ||
| Capital | 94,000 | ||
| Suspense (being difference in books) | 10,000 | 4,800 | |
| Total | 2,72,000 | 2,72,000 |
| Trail Balance A/c | ||||
| S. No. | Name of A/c | L.F. | Debit | Credit |
|---|---|---|---|---|
| 1 | Purchases | 60,000 | ||
| 2 | Reserve fund | 20,000 | ||
| 3 | Sales | 1,00,000 | ||
| 4 | Purchases returns | 1,000 | ||
| 5 | Sales return | 2,000 | ||
| 6 | Opening stock | 30,000 | ||
| 7 | Expenses | 20,000 | ||
| 8 | Outstanding expenses | 2,000 | ||
| 9 | Bank balance | 5,000 | ||
| 10 | Assets | 50,000 | ||
| 11 | Debtors | 80,000 | ||
| 12 | Creditors | 30,000 | ||
| 13 | Capital | 94,000 | ||
| Total | 2,47,000 | 2,47,000 |
Read out the full article to know the meaning of Cash Book
Trial Balance | Explanation | Methods | Examples
Also, Check out the same article in Hindi from the following link
Trial Balance | Explanation | Methods | Examples
Also, Check out the solved question of all Chapters: –
Part-I
Students may choose only one part from the Part II and Part III
Part-II
Part-III
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Problem No 6 Chapter No 9 - Unimax Class 11", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax class 11 - 2021.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Problem No 6 Chapter No 9 - Unimax Class 11" instantly.
