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Question No 12 Chapter No 13 - T.S. Grewal 11 Class

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Question No 12 Chapter No 13

The redrafting of a trial balance

12. Correctly the following Trail Balance below :

Debit side	Rs	Credit side	Rs
Opening stock	1,02,600	Debtors	45,000
Return outward	48,000	Carriages outward	15,000
Salaries	36,000	Capital	1,65,000
Creditors	84,000	Machinery	54,000
Bank	1,35,000	Return inward	9,000
Carriage inward	18,000	Insurance claim received	12,000
Rent received	9,000	Trade expenses	18,000
Discount allowed	6,000	Sales	4,20,000
Purchases	3,00,000	Building	60,000
Bills payable	60,000
	7,98,600		7,98,600

The solution of Question No 12 Chapter No 13: -

Particulars	Debit	Credit
Trail Balance A/c
Opening sock	1,02,600
Return outward		48,000
Salaries	36,000
Creditors		84,000
Bank	1,35,000
Carriage inwards	18,000
Rent received		9,000
Discount allowed	6,000
Purchases	3,00,000
Bills payable		60,000
Debtors	45,000
Carriage outward	15,000
Capital		1,65,600
Machinery	54,000
Return inward	9,000
Insurance claim received		12,000
Trade expenses	18,000
sales		4,20,000
Building	60,000
	60,000	60,000

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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