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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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From the following trial balance containing some errors, prepare correct trial balance:
| ₹ | ₹ | ||
| Sundry debtors | 4,10,000 | Stock (1.4.2019) | 2,30,000 |
| Sundry creditors | 80,000 | Premises | 12,00,000 |
| Rent and taxes | 48,000 | Fixture & Fittings | 3,10,000 |
| Purchases | 34,00,000 | Bad debts written off | 8,000 |
| Sales | 56,00,000 | Rent received from sub-let of | 30,000 |
| Trade expenses | 12,000 | Loan from Mukul | 1,50,000 |
| Returns outwards | 80,000 | Interest on Mukul’s loan | 15,000 |
| Return inwards | 1,20,000 | Drawing | 40,000 |
| Expenses | 4,000 | Cash in hand | 75,000 |
| Motor vehicles | 6,50,000 | Stock on 31st march,2020 (not adjusted) | 3,80,000 |
| Electricity | 25,000 |
| Trail Balance A/c |
| S. No. | Name of A/c | L.F. | Debit | Credit |
|---|---|---|---|---|
| 1 | Sundry debtors | 4,10,000 | ||
| 2 | Sundry creditors | 80,000 | ||
| 3 | Rent and taxes | 48,000 | ||
| 4 | Purchases | 34,00,000 | ||
| 5 | Sales | 56,00,000 | ||
| 6 | Trade expenses | 12,000 | ||
| 7 | Returns outwards | 80,000 | ||
| 8 | Return inwards | 1,20,000 | ||
| 9 | Expenses | 4,000 | ||
| 10 | Motor vehicles | 6,50,000 | ||
| 11 | Electricity | 25,000 | ||
| 12 | Opening Stock | 2,30,000 | ||
| 13 | Premises | 12,00,000 | ||
| 14 | Fixture & Fittings | 3,10,000 | ||
| 15 | Bad debts written off | 8,000 | ||
| 16 | Rent received from sub-let of part of premises | 30,000 | ||
| 17 | Loan from Mukul | 15,000 | ||
| 18 | Interest on Mukul’s loan | 15,000 | ||
| 19 | Drawing | 40,000 | ||
| 20 | Cash in hand | 75,000 | ||
| 21 | Capital | 6,07,000 | ||
| Total | 65,47,000 | 65,47,000 |
Read out the full article to know the meaning of Cash Book
Also, Check out the same article in Hindi from the following link
Trial Balance | Explanation | Methods | Examples
Also, Check out the solved question of all Chapters: –
Part-I
Students may choose only one part from the Part II and Part III
Part-II
Part-III
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.
This guide covers "Question No 6 Chapter No 9 - Unimax Class 11", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax class 11 - 2021.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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