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Problem No 7 Chapter No 11 – Unimax Class 11

Problem-No-7-Chapter-No-9-Unimax-Class-11
Problem-No-7-Chapter-No-9-Unimax-Class-11

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Problem No 7 Chapter No 11 – Unimax Class 11

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Prepare a Trial balance from the following balance taken from the books of Ravi traders on 30th June, 2019.

Name of A/cName of A/c
Capital60,000Interest on investments700
Drawing15,000Debtors10,000
Plant and machinery A/c25,000Purchases80,000
Bank draft15,000Salaries6,000
Loan from Varinder18,000Wages5,000
Opening stock30,000Creditors6,000
Discount allowed300Return outward3,000
Carriage inward1,900 3,000
Investments9,000  
Return inward1,000  
Insurance premium1,200  
Interest on loan2,100  
Advertisement4,200  
Furniture40,000  

The solution of Problem. 7 Chapter No 9 :-

                                                                Trail Balance A/c

S. No.Name of A/cL.F.DebitCredit
1Capital  60,000
2Drawing 15,000 
3Plant and machinery A/c 25,000 
4Bank draft  15,000
5Loan from Varinder  18,000
6Opening stock 30,000 
7Discount allowed 300 
8Carriage inward 1,900 
9Investments 9,000 
10Return inward 1,000 
11Insurance premium 1,200 
12Interest on loan 2,100 
13Advertisement 4,200 
14Furniture 40,000 
15Interest on investments  700
16Debtors 10,000 
17Purchases 80,000 
18Salaries 6,000 
19Wages 5,000 
20Creditors  6,000
21Return outward  3,000
22Interest on investments  1,28,000
 Total 2,30,7002,30,700

Read out the full article to know the meaning of Cash Book

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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

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 

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