Question No 15 Chapter No 9 – Unimax Class 11
A businessman prepares the following trial balance wrongly. You are required to prepare the trial balance stating the reasons in brief:
Table of Contents
| Particulars | ₹ | Particulars | ₹ |
| Opening stock | 25,000 | Capital | 46,500 |
| Wages | 30,000 | Sales | 1,30,000 |
| Salaries | 20,000 | Return inward | 5,000 |
| Purchases | 80,000 | Bills receivable | 12,000 |
| Return outward | 1,000 | Creditors | 5,000 |
| Debtors | 20,000 | Discount allowed | 3,000 |
| Bill payable | 8,000 | Carriage outward | 500 |
| Discount received | 6,000 | Fixed assets | 17,000 |
| Carriage inward | 3,000 | ||
| Fuel & power | 1,500 | ||
| Outstanding wages | 1,000 | ||
| Cash in hand | 2,000 | ||
| Bank overdraft | 21,500 | ||
| 2,19,000 | 2,19,000 |
The solution of Question No 15 Chapter No 9: –
| Trail Balance A/c | ||||
| S. No. | Name of A/c | L.F. | Debit | Credit |
| 1 | Opening stock | 25,000 | ||
| 2 | Wages | 30,000 | ||
| 3 | Salaries | 20,000 | ||
| 4 | Purchases | 80,000 | ||
| 5 | Return outward | 1,000 | ||
| 6 | Debtors | 20,000 | ||
| 7 | Bill payable | 8,000 | ||
| 8 | Discount received | 6,000 | ||
| 9 | Carriage inward | 3,000 | ||
| 10 | Fuel & power | 1,500 | ||
| 11 | Outstanding wages | 1,000 | ||
| 12 | Cash in hand | 2,000 | ||
| 13 | Bank overdraft | 21,500 | ||
| 14 | Capital | 46,500 | ||
| 15 | Sales | 1,30,000 | ||
| 16 | Return inward | 5,000 | ||
| 17 | Bills receivable | 12,000 | ||
| 18 | Creditors | 5,000 | ||
| 19 | Discount allowed | 3,000 | ||
| 20 | Carriage outward | 500 | ||
| 21 | Fixed assets | 17,000 | ||
| Total | 2,19,000 | 2,19,000 |
Read out the full article to know the meaning of Cash Book
Trial Balance | Explanation | Methods | Examples
Also, Check out the same article in Hindi from the following link
Trial Balance | Explanation | Methods | Examples
Also, Check out the solved question of all Chapters: –
Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
Part-I
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
Students may choose only one part from the Part II and Part III
Part-II
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
Part-III
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- Chapter No. 18 – Introduction to Computers and Accounting information System
- Chapter No. 19 – Computerised Accounting
- Chapter No. 20 – Accounting Software: Tally
- Chapter No. 21 – Data Base System
- Chapter No. 22 – Concept of Entity and Relationship