Question No 03 B Chapter No 10 – D.K Goal 11 Class

Question No 03 B Chapter No 10

Question No 03 B Chapter No 10

03. B Prepare a Trial Balance from the following balances taken as of 31st March 2017 :−

Name of Accounts Rs Name of Accounts Rs
Capital  2,50,000 Purchases 2,15,300
Drawings 24,000 Sales 3,80,000
Debtors 57,000 Miscellaneous Expenses 8,200
Creditors 28,500 Miscellaneous Receipts 3,600
Land & Building 1,80,000 Bad Debts 7,100
Plant 1,20,000 Bills Receivable 5,000
Stock on 1-4-2016 22,800 Loan from X 20,000
Factory Expenses 16,600 Interest on X’s Loan 3,000
Office Expenses 7,700 Cash in hand 8,400
Purchases Return 6,000 Goodwill 10,000
Stationery 500    
Freight 2,500    

The solution of Question No 03 B Chapter No 10: –  

Trail Balance A/c  
Particulars
J.F. Debit Credit
Capital A/c     2,50,000
Drawings A/c   24,000  
Debtors A/c   57,000  
Creditors A/c     28,500
Land & Building A/c   1,80,000  
Plant A/c   1,20,000  
Stock on 1-4-2007 A/c   22,800  
Factory Expenses A/c   16,600  
Office Expenses A/c   7,700  
Purchases Return A/c     6,000
Stationery A/c   500  
Freight A/c   2,500  
Purchases A/c   2,15,300  
Sales A/c     3,80,000
Miscellaneous Expenses A/c   8,200  
Miscellaneous Receipts A/c     3,600
Bad Debts A/c   7,100  
Bills Receivable A/c   5,000  
Loan from X A/c     20,000
Interest on X’s Loan A/c   3,000  
Cash A/c   8,400  
Goodwill A/c   10,000  
    6,88,100 6,88,100

Trial Balance | Explanation | Methods | Examples

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Also, Check out the solved question of previous Chapters: –

  • Chapter No. 1 – Introduction to Accounting
  • Chapter No. 2 – Basic Accounting Terms
  • Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
  • Chapter No. 4 – Bases of Accounting
  • Chapter No. 5 – Accounting Equation
  • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
  • Goods and Services Tax(GST)
  • Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
  • Chapter No. 8 – Journal
  • Chapter No. 9 – Ledger
  • Chapter No. 10 – Special Purpose Books I – Cash Book
  • Chapter No. 11 – Special Purpose Books II – Other Books
  • Chapter No. 12 – Bank Reconciliation Statement
  • Chapter No. 13 – Trial Balance
  • Chapter No. 14 – Depreciation
  • Chapter No. 15 – Provisions and Reserves
  • Chapter No. 16 – Accounting for Bills of Exchange
  • Chapter No. 17 – Rectification of Errors
  • Chapter No. 18 – Financial Statements of Sole Proprietorship
  • Chapter No. 19 – Adjustments in preparation of Financial Statements
  • Chapter No. 20 – Accounts from incomplete Records – Single Entry System
  • Chapter No. 21 – Computers in Accounting
  • Chapter No. 22 – Accounting Software – Tally
  • Chapter No. 5 – Accounting Equation
  • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
  • Goods and Services Tax(GST)
  • Chapter No. 8 – Journal
  • Chapter No. 9 – Ledger
  • Chapter No. 10 – Special Purpose Books I – Cash Book

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T.S. Grewals Double Entry Book Keeping - Question No 03 B Chapter No 10 - D.K Goal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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