
Question No 03 Chapter No 11
Balance Method
3. The totals of two sides of account as an March 31,2019 are given below. Prepare trial balance by balance method
S.No | Name of Account | Debit Total | Credit Total |
1 | Building | 80,000 | 48,000 |
2 | Drawings | 18,000 | |
3 | Capital | 96,300 | |
4 | Bank | 66,000 | 91,500 |
5 | Cash | 54,000 | 26,800 |
6 | Purchases | 28,000 | 2,000 |
7 | Sales | 45,000 | |
8 | Shahbaz | 88,000 | 11,000 |
9 | Afsana | 35,000 | 53,000 |
10 | Mehak | 26,000 | 67,000 |
11 | Khushboo | 42,000 | 42,000 |
12 | Machinery | 34,000 | 3,400 |
13 | Bilawal | 20,000 | 5,000 |
4,91,000 | 4,91,000 |
The solution of Question No 03 Chapter No 11: –
Trail Balance A/c | |||
Particulars |
J.F. | Debit | Credit |
Building | 32,000 | ||
Drawing | 18,000 | ||
Capital | 96,300 | ||
Bank | 25,500 | ||
Cash | 27,200 | ||
Purchases | 26,000 | ||
Sales | 45,000 | ||
Sundry debtors | 92,000 | ||
Sundry Creditors | 59,000 | ||
Machinery | 30,600 | ||
2,25,800 | 2,25,800 |
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: –
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Vouchers and transactions
Chapter No. 4 – Journal
Chapter No. 5 – Ledger
Chapter No. 6 – Cash Book
Chapter No. 7 – Other Subsidiary Books
Chapter No. 8 – Journal Proper
Chapter No. 9 – Trial Balance
Chapter No. 10 – Bank Reconciliation Statement
Chapter No. 11 – Depreciation
Chapter No. 12 – Provisions and Reserves
Chapter No. 13 – Bills of Exchange
Chapter No. 14 – Rectification of Errors
Chapter No. 15 – Financial Statements – (Without Adjustments)
Chapter No. 16 – Financial Statements – (With Adjustments)