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Question No 10 Chapter No 13 - T.S. Grewal 11 Class

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Question No 10 Chapter No 13

The redrafting of a trial balance

10. Following trial balance is given but it is not correct. Prepare correct trial balance :

Debit side	Rs	Credit side	Rs
Building	3,00,000	Capital	3,68,000
Machinery	85,000	Furniture	28,000
Return outwards	13,000	Sales	5,20,000
Bad debts	14,000	Debtors	3,00,000
Cash	2,000	Interest received	13,000
Discount received	15,000
Bank overdraft	50,000
Creditors	2,50,000
Purchases	5,00,000
	12,29,000		12,29,000

The solution of Question No 10 Chapter No 13: -

Particulars	Debit	Credit
Trail Balance A/c
Building	3,00,000
Machinery	85,000
Return outwards		13,000
Bad debts	14,000
Cash	2,000
Discount received		15,000
Bank overdraft		50,000
Creditors		2,50,000
Purchases	5,00,000
Capital		3,68,000
furniture	28,000
Sales		5,20,000
Debtors	3,00,000
Interest received		13,000
	12,29,000	12,29,000

To understand more about cash book please check out following links: -

https://tutorstips.com/trial-balance/

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Also, Check out the solved question of previous Chapters: -

Chapter No. 1 – Introduction to Accounting
Chapter No. 2 – Basic Accounting Terms
Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
Chapter No. 4 – Bases of Accounting
Chapter No. 5 – Accounting Equation
Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
Goods and Services Tax(GST)
Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
Chapter No. 8 – Journal
Chapter No. 9 – Ledger
Chapter No. 10 – Special Purpose Books I – Cash Book
Chapter No. 11 – Special Purpose Books II – Other Books
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 13 – Trial Balance
Chapter No. 14 – Depreciation
Chapter No. 15 – Provisions and Reserves
Chapter No. 16 – Accounting for Bills of Exchange
Chapter No. 17 – Rectification of Errors
Chapter No. 18 – Financial Statements of Sole Proprietorship
Chapter No. 19 – Adjustments in preparation of Financial Statements
Chapter No. 20 – Accounts from incomplete Records – Single Entry System
Chapter No. 21 – Computers in Accounting
Chapter No. 22 – Accounting Software – Tally
Chapter No. 5 - Accounting Equation
Chapter No. 6 - Accounting Procedures - Rules of Debit and Credit
Goods and Services Tax(GST)
Chapter No. 8 - Journal
Chapter No. 9 - Ledger
Chapter No. 10 – Special Purpose Books I – Cash Book