Question No 16 Chapter No 09 – Unimax Class 11

Question-No-16-Chapter-No-9-Unimax-Class-11

Question No 16 Chapter No 09 – Unimax Class 11

16 Corrected the following Trial Balance:

Free Accounting book Solution - Class 11 and Class 12
Name of account Debit Credit
Drawing account   2,000
Plant & machinery 1,00,000  
Furniture & fixture 12,000  
Capital account 1,70,000  
Sales   4,68,000
Loose tools   20,000
Goodwill 10,000  
Opening stock 1.1.2019 20,000  
Return outwards 10,000  
Discount received 7,000  
Purchases   2,72,000
Returns inward 8,000  
Other expenses 1,00,000  
Sundry creditors 25,000  
Reserve for doubtful debts   2,600
Carriage inward 12,000  
Salaries 31,000  
General exp. and Insurance 72,000  
Loan on mortgage 50,000  
Investment 15,000  
Rent and taxes 14,400  
Postage and telephone 4,000  
Bank overdraft 30,000  
Sundry debtors 56,000  
Loan to Sushil 2,000  
Cash and Bank balance 16,000  
Interest on investments   1,800
Commission received 2,000  
Total 7,66,400 7,66,400

The solution of Question No 16 Chapter No 09 – UNIMAX Class 11

  Trail Balance A/c      
S. No. Name of A/c L.F. Debit Credit
1 Drawing account   2,000  
2 Plant & machinery   1,00,000  
3 Furniture & fixture   12,000  
4 Capital account     1,70,000
5 Sales     4,68,000
6 Loose tools   20,000  
7 Goodwill   10,000  
8 Opening stock 1.1.2019   20,000  
9 Return outwards     10,000
10 Discount received     7,000
11 Purchases   2,72,000  
12 Returns inward   8,000  
13 Other expenses   1,00,000  
14 Sundry creditors     25,000
15 Reserve for doubtful debts     2,600
16 Carriage inward   12,000  
17 Salaries   31,000  
18 General exp. and Insurance   72,000  
19 Loan on mortgage     50,000
20 Investment   15,000  
21 Rent and taxes   14,400  
22 Postage and telephone   4,000  
23 Bank overdraft     30,000
24 Sundry debtors   56,000  
25 Loan to Sushil   2,000  
26 Cash and Bank balance   16,000  
27 Interest on investments     1,800
28 Commission received     2,000
  Total   7,66,400 7,66,400

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

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

  • 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 

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