Question No 15 Chapter No 9 – Unimax Class 11

Question-No-15-Chapter-No-9-Unimax-Class-11

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:

Free Accounting book Solution - Class 11 and Class 12
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

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