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 Content covered in this article:
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 | ||
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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
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)
Chapter No. 18 – Financial Statements – (With Adjustments)