Question No 02 Chapter No 11
Balance Method
2. From the following balance of Sonia Kapoor prepare a trial balance as on 31st March
| Ledger Account | Balance Rs | Ledger Account | Balance Rs |
| Land and Building | 4,00,000 | Capital | 5,79,600 |
| Machinery | 1,50,000 | Drawings | 8,900 |
| Security Deposit(Cr) | 30,000 | Interest on loan | 3,500 |
| Tanveer(Dr) | 24,500 | Bank loan | 35,000 |
| Tabussam (Cr) | 18,800 | Patent Rights | 23,000 |
| Purchases | 2,10,000 | Purchases Return | 9,000 |
| Opening stock | 96,200 | Cartage | 1,500 |
| Sales | 3,05,000 | Commission(Cr) | 7,500 |
| Sale Return | 9,500 | Rent Outstanding | 13,000 |
| Sadig(Cr) | 31,100 | Salaries | 47,000 |
| Nazma(Dr) | 14,600 | Furniture | 24,000 |
| Bank (Dr) | 19,000 | Mudassar (Cr) | 19,300 |
| Carriage outward | 2,800 | Discount Allowed | 4,500 |
| Discount received | 3,100 | Rameez(Dr) | 12,400 |
The solution of Question No 02 Chapter No 11: –
| Trail Balance A/c | |||
| Particulars |
J.F. | Debit | Credit |
| Land and Building | 4,00,000 | ||
| Capital | 5,79,600 | ||
| Machinery | 1,50,000 | ||
| Drawing | 8,900 | ||
| Security Deposit(Cr) | 30,000 | ||
| Interest on loan | 3,500 | ||
| Bank loan | 35,000 | ||
| Patent Rights | 23,000 | ||
| Purchases | 2,10,000 | ||
| Purchase Return | 9,000 | ||
| Opening Stock | 96,200 | ||
| Cartage | 1,500 | ||
| Sales | 3,05,000 | ||
| Commission (Cr) | 7,500 | ||
| Sale Return | 9,500 | ||
| Rent Outstanding | 13,000 | ||
| Salaries | 47,000 | ||
| Furniture | 24,000 | ||
| Bank (Dr) | 19,000 | ||
| Carriage outward | 2,800 | ||
| Discount allowed | 4,500 | ||
| Discount received | 3,100 | ||
| Sundry Debtors | 51,500 | ||
| Sundry Creditor | 69,200 | ||
| 10,51,400 | 10,51,400 | ||
To understand more about cash book please check out following links: –
Trial Balance | Explanation | Methods | Examples
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Also, Check out the solved question of all Chapters: –
Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Chapter No. 9 – Other Subsidiary Books
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Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)