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Question No 02 Chapter No 11 – USHA Publication 11 Class

Question No 02 Chapter No 11
Q-02 - CH-11 - USHA +1 Book 2020 - Solution

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Question No 02 Chapter No 11

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Balance Method

2. From the following balance of Sonia Kapoor prepare a trial balance as on 31st March

Ledger AccountBalance Rs Ledger AccountBalance Rs
Land and Building4,00,000Capital5,79,600
Machinery1,50,000Drawings8,900
Security Deposit(Cr)30,000Interest on loan3,500
Tanveer(Dr)24,500Bank loan35,000
Tabussam (Cr)18,800Patent Rights23,000
Purchases2,10,000Purchases Return9,000
Opening stock96,200Cartage1,500
Sales3,05,000Commission(Cr)7,500
Sale Return9,500Rent Outstanding13,000
Sadig(Cr)31,100Salaries47,000
Nazma(Dr)14,600Furniture24,000
Bank (Dr)19,000Mudassar (Cr)19,300
Carriage outward2,800Discount Allowed4,500
Discount received 3,100Rameez(Dr)12,400

 

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The solution of Question No 02 Chapter No 11: –  

Trail Balance A/c 
Particulars
J.F.DebitCredit
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
  10,51,40010,51,400

 

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. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

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Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

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Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

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)

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Chapter No. 18 – Financial Statements – (With Adjustments)

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