Question 15 Chapter 9 – Unimax Publications of Class 11

Question 15 Chapter 9 – Unimax Publications of Class 11

A businessman prepares the following trial balance wrongly. You are required to prepare the trial balance stating the reasons in brief:

Particulars	₹	Particulars	₹
Opening stock	25,000	Capital	46,500
Wages	30,000	Sales	1,30,000
Salaries	20,000	Return inward	5,000
Purchases	80,000	Bills receivable	12,000
Return outward	1,000	Creditors	5,000
Debtors	20,000	Discount allowed	3,000
Bill payable	8,000	Carriage outward	500
Discount received	6,000	Fixed assets	17,000
Carriage inward	3,000
Fuel & power	1,500
Outstanding wages	1,000
Cash in hand	2,000
Bank overdraft	21,500
	2,19,000		2,19,000

The solution of Question 15 Chapter 9 – Unimax Publications of Class 11: -

Trail Balance A/c

S. No.	Name of A/c	L.F.	Debit	Credit
1	Opening stock		25,000
2	Wages		30,000
3	Salaries		20,000
4	Purchases		80,000
5	Return outward			1,000
6	Debtors		20,000
7	Bill payable			8,000
8	Discount received			6,000
9	Carriage inward		3,000
10	Fuel & power		1,500
11	Outstanding wages			1,000
12	Cash in hand		2,000
13	Bank overdraft			21,500
14	Capital			46,500
15	Sales			1,30,000
16	Return inward		5,000
17	Bills receivable		12,000
18	Creditors			5,000
19	Discount allowed		3,000
20	Carriage outward		500
21	Fixed assets		17,000
	Total		2,19,000	2,19,000