Problem No 7 Chapter No 11 – Unimax Class 11
Table of Contents
Prepare a Trial balance from the following balance taken from the books of Ravi traders on 30th June, 2019.
| Name of A/c | ₹ | Name of A/c | ₹ |
| Capital | 60,000 | Interest on investments | 700 |
| Drawing | 15,000 | Debtors | 10,000 |
| Plant and machinery A/c | 25,000 | Purchases | 80,000 |
| Bank draft | 15,000 | Salaries | 6,000 |
| Loan from Varinder | 18,000 | Wages | 5,000 |
| Opening stock | 30,000 | Creditors | 6,000 |
| Discount allowed | 300 | Return outward | 3,000 |
| Carriage inward | 1,900 | 3,000 | |
| Investments | 9,000 | ||
| Return inward | 1,000 | ||
| Insurance premium | 1,200 | ||
| Interest on loan | 2,100 | ||
| Advertisement | 4,200 | ||
| Furniture | 40,000 |
The solution of Problem. 7 Chapter No 9 :-
Trail Balance A/c
| S. No. | Name of A/c | L.F. | Debit | Credit |
| 1 | Capital | 60,000 | ||
| 2 | Drawing | 15,000 | ||
| 3 | Plant and machinery A/c | 25,000 | ||
| 4 | Bank draft | 15,000 | ||
| 5 | Loan from Varinder | 18,000 | ||
| 6 | Opening stock | 30,000 | ||
| 7 | Discount allowed | 300 | ||
| 8 | Carriage inward | 1,900 | ||
| 9 | Investments | 9,000 | ||
| 10 | Return inward | 1,000 | ||
| 11 | Insurance premium | 1,200 | ||
| 12 | Interest on loan | 2,100 | ||
| 13 | Advertisement | 4,200 | ||
| 14 | Furniture | 40,000 | ||
| 15 | Interest on investments | 700 | ||
| 16 | Debtors | 10,000 | ||
| 17 | Purchases | 80,000 | ||
| 18 | Salaries | 6,000 | ||
| 19 | Wages | 5,000 | ||
| 20 | Creditors | 6,000 | ||
| 21 | Return outward | 3,000 | ||
| 22 | Interest on investments | 1,28,000 | ||
| Total | 2,30,700 | 2,30,700 |
Read out the full article to know the meaning of Cash Book
Trial Balance | Explanation | Methods | Examples
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: –
Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
Part-I
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
Students may choose only one part from the Part II and Part III
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Part-II
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
Part-III
- Chapter No. 18 – Introduction to Computers and Accounting information System
- Chapter No. 19 – Computerised Accounting
- Chapter No. 20 – Accounting Software: Tally
- Chapter No. 21 – Data Base System
- Chapter No. 22 – Concept of Entity and Relationship