Question No 11 Chapter No 13
The redrafting of a trial balance
11. Redraft correctly the Trail Balance below :
| Debit side | Rs | Credit side | Rs |
| Capital | 8,000 | Debtors | 7,580 |
| Bad debts received | 250 | Bank deposits | 2,750 |
| Creditors | 1,250 | Discount allowed | 40 |
| Return outwards | 350 | Drawing | 600 |
| Bank overdraft | 1,570 | Return inward | 450 |
| Rent | 360 | Sales | 13,690 |
| Salaries | 850 | Bills payable | 1,350 |
| Trade discount | 300 | Grant received | 1,000 |
| Cash in hand | 210 | ||
| Opening stock | 2,450 | ||
| Purchases | 11,870 | ||
| 27,460 | 27,460 |
The solution of Question No 11 Chapter No 13: –
| Trail Balance A/c | |||
| Particulars |
J.F. | Debit | Credit |
| Capital | 8,000 | ||
| Bad debts recovered | 250 | ||
| Creditors | 1,250 | ||
| Return outward | 350 | ||
| Bank overdraft | 1,570 | ||
| Rent | 360 | ||
| Salaries | 850 | ||
| Trade discount | 300 | ||
| Cash in hand | 210 | ||
| Opening stock | 2,450 | ||
| Purchases | 11,870 | ||
| Debtors | 7,580 | ||
| Bank deposits | 2,750 | ||
| Discount allowed | 40 | ||
| Drawings | 600 | ||
| Return inward | 450 | ||
| Sales | 13,690 | ||
| Bills payable | 1,350 | ||
| Grant received | 1,000 | ||
| 27,460 | 27,460 | ||
To understand more about cash book please check out following links: –
Trial Balance | Explanation | Methods | Examples
Thanks, Please Like and share with your friends
Comment if you have any question.
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
Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication
Advertisement-X







Leave a Reply