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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question No 6 Chapter No 13
6. From the following information, prepare a trial balance of M/s. Praying for the year ended 31st March 2018:
| Rs | Rs | ||
| Capital account | 1,25,000 | Sale | 1,54,500 |
| Furniture and fitting | 6,400 | Bank (cr. Balance) | 28,500 |
| Motor car | 62,500 | Purchases return | 1,250 |
| Building | 75,000 | Commission (cr.) | 3,750 |
| Total Debtors | 38,000 | Sale return | 2,000 |
| Total creditors | 25,000 | Advertisement | 2,500 |
| Bad debts | 1,250 | Interest account (dr.) | 1,180 |
| Stock (1st April 2017) | 34,600 | Cash balance | 6,500 |
| Purchases | 54,750 | 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 No 6 Chapter No 13: -
| Trail Balance A/c | |||
| Particulars |
J.F. | Debit | Credit |
|---|---|---|---|
| Capital | 1,25,000 | ||
| Furniture and fitting | 6,400 | ||
| Motor car | 62,500 | ||
| Building | 75,000 | ||
| Total Debtors | 38,000 | ||
| Total Creditors | 25,000 | ||
| Bad debts | 1,250 | ||
| Stock (1st April 2017) | 34,600 | ||
| Purchases | 54,750 | ||
| Input IGST | 3,000 | ||
| Output CGST | 1,500 | ||
| Sales | 1,54,500 | ||
| Bank (Cr. Balance ) | 28,500 | ||
| Purchases return | 1,250 | ||
| Commission (Cr.) | 3,750 | ||
| Sales return | 2,000 | ||
| Advertisement | 2,500 | ||
| Interest account (Dr.) | 6,500 | ||
| Cash balance | 700 | ||
| Insurance and Tax | 400 | ||
| Salaries | 8,000 | ||
| Output SGST | 1,500 | ||
| 3,41,000 | 3,41,000 | ||
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T.S. Grewal's Double Entry Book Keeping
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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