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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 11 Chapter 9 – Unimax Publications of Class 11
The following Trial Balance has been prepare by a newly appointed accountant. You are required to prepare the Trial Balance in a correct from:
| S. No. | Name of A/c | L.F. | Debit | Credit |
| 1 | Cash in hand | 55,000 | ||
| 2 | Fixed assets | 40,000 | ||
| 3 | Capital | 1,44,200 | ||
| 4 | Purchases | 60,000 | ||
| 5 | Sales | 35,000 | ||
| 6 | Discount allowed | 250 | ||
| 7 | Return inward | 2,500 | ||
| 8 | Return outward | 1,000 | ||
| 9 | Wages | 800 | ||
| 10 | Debtors | 20,000 | ||
| 11 | Creditors | 16,000 | ||
| 12 | Drawings | 15,000 | ||
| 13 | Discount received | 100 | ||
| 14 | Bills receivable | 5,000 | ||
| 15 | Bills payable | 2,800 | ||
| 16 | Rent | 200 | ||
| 17 | Interest paid | 350 | ||
| Total | 1,77,000 | 1,77,000 |
Trail Balance
| S. No. | Name of A/c | L.F. | Debit | Credit |
|---|---|---|---|---|
| 1 | Cash in hand | 55,000 | ||
| 2 | Fixed assets | 40,000 | ||
| 3 | Capital | 1,44,200 | ||
| 4 | Purchases | 60,000 | ||
| 5 | Sales | 35,000 | ||
| 6 | Discount allowed | 250 | ||
| 7 | Return inward | 2,500 | ||
| 8 | Return outward | 1,000 | ||
| 9 | Wages | 800 | ||
| 10 | Debtors | 20,000 | ||
| 11 | Creditors | 16,000 | ||
| 12 | Drawings | 15,000 | ||
| 13 | Discount received | 100 | ||
| 14 | Bills receivable | 5,000 | ||
| 15 | Bills payable | 2,800 | ||
| 16 | Rent | 200 | ||
| 17 | Interest paid | 350 | ||
| Total | 1,99,100 | 1,99,100 |
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 "Question 11 Chapter 9 – Unimax Publications of Class 11", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 11 - 2023.
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.
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