Question No 17 Chapter No 11 – USHA Publication 11 Class

Question No 17 Chapter No 11

Question No 17 Chapter No 11

17.From the following balance of Rahul Co., prepare trial balance as on 31st March 2018

Ledger Account  Balance Rs Ledger Account  Balance Rs
Debtors 57,000 Purchases Return  3,200
Creditors 47,500 Capital 1,50,000
Sales 3,00,000 Drawings 31,000
Purchases 2,28,000 Interest on bank loan  4,000
Input IGST 18,500 Interest Received 12,000
Input CGST 28,600 Opening Stock 36,000
Output SGST 27,800 Input SGST 28,600
Bank loan  40,000 Output CGST 27,800
Salaries 35,000 Bank balance  44,000
Interest Accrued 3,200 Electronic cash ledger 12,500
Output IGST 36,300 Office Equipment 16,600
Sales Return 5,400 Machinery 96,800

The solution of Question No 17 Chapter No 11: –

Trail Balance A/c  
Particulars
J.F. Debit Credit
Debtors   57,000  
Creditor     47,500
Sales     3,00,000
Purchases   2,28,000  
Input IGST   18,500  
Input CGST   28,600  
Output SGST     27,800
Bank loan     40,000
Salaries   35,000  
Interest Accrued   3,200  
Output IGST     36,300
Sales Return   5,400  
Purchases Return     3,200
Capital     1,50,000
Drawings   31,000  
Interest on Bank Loan   4,000  
Interest Received     12,000
Opening Stock   36,000  
Input SGST   28,600  
Output CGST     27,800
Bank Balance   44,000  
Electronic Cash ledger   12,500  
Office Equipment   16,000  
Machinery   96,800  
    6,44,600 6,44,600

 

 

Trial Balance | Explanation | Methods | Examples

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Also, Check out the solved question of all Chapters: –

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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