Question No 04 Chapter No 11 – USHA Publication 11 Class

Question No 04 Chapter No 11

Question No 04 Chapter No 11

Balance Method

4. The following balance appear in various account of Sukhwinder Singh on 31.3.2019.You are asked to prepare a trial balance

Ledger Account Balance Rs  Ledger Account Balance Rs
Capital 20,000 Apprentice premium 300
Machinery 8,000 Insurance premium 200
Building 9,000 Interest on investment 600
Rents & taxes 500 Investments  6,000
Debtors 6,000 Bank charges 100
Stationary 900 Printing 300
Bills payable 1,950 Creditors 3,000
Loan from Raj & Co. 8,000 Office expenses 650
Opening stock 500 Wages 1,200
Bank 1,500 Sales 9,000
Cash 500 Purchases 3,500
Drawings 2,000 Furniture 2,000

 

The solution of Question No 04 Chapter No 11: –  

Trail Balance A/c  
Particulars
J.F. Debit Credit
Capital     20,000
Machinery   8,000  
Apprentice premium     300
Insurance premium   200  
Building   9,000  
Interest on investment     600
Rents & Taxes   500  
Investment   6,000  
Debtors   6,000  
Bank charges   100  
Stationary   900  
Printing   300  
Bills payable     1,950
Creditor     3,000
Loan from Raj & Co.,     8,000
Office expenses   650  
Opening stock   500  
Wages   1,200  
Bank   1,500  
Sales     9,000
Cash   500  
Purchases   3,500  
Drawings   2,000  
Furniture   2,000  
    42,850 42,850

 

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

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

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)

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

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