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Question No 16 Chapter No 09 – Unimax Class 11

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

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Question No 16 Chapter No 09 – Unimax Class 11

16 Corrected the following Trial Balance:

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Name of accountDebitCredit
Drawing account 2,000
Plant & machinery1,00,000 
Furniture & fixture12,000 
Capital account1,70,000 
Sales 4,68,000
Loose tools 20,000
Goodwill10,000 
Opening stock 1.1.201920,000 
Return outwards10,000 
Discount received7,000 
Purchases 2,72,000
Returns inward8,000 
Other expenses1,00,000 
Sundry creditors25,000 
Reserve for doubtful debts 2,600
Carriage inward12,000 
Salaries31,000 
General exp. and Insurance72,000 
Loan on mortgage50,000 
Investment15,000 
Rent and taxes14,400 
Postage and telephone4,000 
Bank overdraft30,000 
Sundry debtors56,000 
Loan to Sushil2,000 
Cash and Bank balance16,000 
Interest on investments 1,800
Commission received2,000 
Total7,66,4007,66,400

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

  Trail Balance A/c   
S. No.Name of A/cL.F.DebitCredit
1Drawing account 2,000 
2Plant & machinery 1,00,000 
3Furniture & fixture 12,000 
4Capital account  1,70,000
5Sales  4,68,000
6Loose tools 20,000 
7Goodwill 10,000 
8Opening stock 1.1.2019 20,000 
9Return outwards  10,000
10Discount received  7,000
11Purchases 2,72,000 
12Returns inward 8,000 
13Other expenses 1,00,000 
14Sundry creditors  25,000
15Reserve for doubtful debts  2,600
16Carriage inward 12,000 
17Salaries 31,000 
18General exp. and Insurance 72,000 
19Loan on mortgage  50,000
20Investment 15,000 
21Rent and taxes 14,400 
22Postage and telephone 4,000 
23Bank overdraft  30,000
24Sundry debtors 56,000 
25Loan to Sushil 2,000 
26Cash and Bank balance 16,000 
27Interest on investments  1,800
28Commission received  2,000
 Total 7,66,4007,66,400

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

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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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