Question 7 Chapter 9 – Unimax Publications of Class 11

Question 7 Chapter 9 – Unimax Publications of Class 11

Prepare a Trial balance from the following balance taken from the books of Ravi traders on 30^th June, 2023.

	₹		₹
Capital account	1,25,000	Sales	1,54,500
Furniture and fittings	6,400	Bank (cr. Balance)	28,500
Motor car	62,500	Purchases returns	1,250
Buildings	75,000	Commission(cr.)	3,700
Total debtors	38,000	Sales returns	2,000
Total creditors	25,000	Advertisement	2,500
Bad debts	1,250	Interest account (dr.)	1,180
Stock (1.4.2023)	34,600	Cash balance	6,500
Purchases	54,600	Insurance and Tax	12,500
Input IGST A/c	3,000	Salaries	40,820
Output CGST A/c	1,500	Output SGST A/c	1,500

The solution of Question 7 Chapter 9 – Unimax Publications of Class 11: -

	Trail Balance A/c
S. No.	Name of A/c	L.F.	Debit	Credit
1	Capital account			1,25,000
2	Furniture and fittings		6,400
3	Motor car		62,500
4	Buildings		75,000
5	Total debtors		38,000
6	Total creditors			25,000
7	Bad debts		1,250
8	Stock (1.4.2023)		34,600
9	Purchases		54,750
10	Input IGST A/c		3,000
11	Output CGST A/c			1,500
12	Sales			1,54,500
13	Bank (cr. Balance)			28,500
14	Purchases returns			1,250
15	Commission(cr.)			3,750
16	Sales returns		2,000
17	Advertisement		2,500
18	Interest account (dr.)		1,180
19	Cash balance		6,500
20	Insurance and Tax		12,500
21	Salaries		40,820
22	Output SGST A/c			1,500
	Total		3,41,000	3,41,000