Question No 09 Chapter No 11
Treatment of Cost of goods Sold/Adjusted Purchases
9. From the following of Bilawal Preet Singh, prepare trial balance as on 31st March,2019
| Ledger Account | Balance Rs | Ledger Account | Balance Rs |
| Sales | 60,000 | Closing stock | 42,000 |
| Capital | 12,200 | Freight | 3,000 |
| Creditor | 45,000 | Delivery Van | 14,000 |
| Adjusted Purchases | 56,200 | Bank(Cr) | 23,000 |
| Fixed Liabilities | 18,810 | Discount received | 1,800 |
| Debtors | 42,420 | Clearing charges | 3,430 |
| Machinery | 16,500 | Return inward | 1,260 |
The solution of Question No 09 Chapter No 11: –
| Trail Balance A/c | |||
| Particulars |
J.F. | Debit | Credit |
| Sale | 60,000 | ||
| Capital | 12,200 | ||
| Creditor | 45,000 | ||
| Adjusted Purchases | 56,200 | ||
| Fixed Labilities | 18,810 | ||
| Debtors | 24,420 | ||
| Machinery | 16500 | ||
| Closing Stock | 42,000 | ||
| Freight | 3,000 | ||
| Delivery van | 14,000 | ||
| Bank(Cr) | 23,000 | ||
| Discount received | 1800 | ||
| Clearing charges | 3,430 | ||
| Return inward | 1,260 | ||
| 1,60,810 | 1,60,810 | ||
Trial Balance | Explanation | Methods | Examples
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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
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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
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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)