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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question No 13 Chapter No 13
13. Prepare a correct trial balance from the following trail balance in which there are certain mistakes :
| Heads of account | Dr.(Rs) | Cr.(Rr) |
| Cost of goods sold | 1,50,000 | |
| Closing stock | 40,000 | |
| Debtors | 60,000 | |
| Creditors | 30,000 | |
| Fixed assets | 50,000 | |
| Opening stock | 60,000 | |
| Expenses | 20,000 | |
| Sales | 2,00,000 | |
| Capital | 90,000 | |
| 3,50,000 | 3,50,000 |
The solution of Question No 13 Chapter No 13: -
| Trail Balance A/c | |||
| Particulars |
J.F. | Debit | Credit |
|---|---|---|---|
| Cost of goods sold | 1,50,000 | ||
| Closing stock | 40,000 | ||
| Debtors | 60,000 | ||
| Creditors | 30,000 | ||
| Fixed assets | 50,000 | ||
| Expenses | 20,000 | ||
| Sales | 2,00,000 | ||
| Capital | 90,000 | ||
| 3,20,000 | 3,20,000 | ||
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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.
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