Question No 18 Chapter No 11 – USHA Publication 11 Class

Question No 18 Chapter No 11

Question No 18 Chapter No 11

When an Obvious Account head is Missing

18. From the following balance are extracted from the book of Yukta Mookhey for the year ended 31st March,2019.prepare a trial balance

Ledger Account  Balance Rs Ledger Account  Balance Rs
Capital 52,000 Plant & Machinery 18,000
Debtors 9,000 Creditors 6,000
Cash at bank 12,000 Bills payable 7,000
Interest on bank loan  1,800 Drawings 4,000
Carriage inward 200 Carriage outward 500
Telephone sets 9,000 Commission received  600
Opening stock 1,500 Sales return 700
Bank loan 20,000 Claims paid to Customers 400
Discount allowed 800 Building 25,000
Shares in Y Co. 10,000 Allowances from Suppliers 300
Purchases  55,000 Loan from Wife 7,800
Loss of goods by fire 1,000 Furniture  30,000
Apprentice premium 1,600 Salaries  6,400

 

The solution of Question No 18 Chapter No 11: –  

Trail Balance A/c  
Particulars
J.F. Debit Credit
Capital     52,000
Debtors   9,000  
Cash at bank   12,000  
Interest on bank loan   1,800  
Carriage Inward   200  
Telephone sets   9,000  
Opening Stock   1,500  
Bank loan     20,000
Discount allowed   800  
Shares in Y Co.   10,000  
Purchases   55,000  
Loss of goods by fire   1,000  
Apprentice premium     1,600
Plant & Machinery   18,000  
Creditor     6,000
Bills payables     7,000
Drawings   4,000  
Carriage outward   500  
Commission received     600
Sales return   700  
Claims paid to Customers   400  
Building   25,000  
Allowances from Suppliers     300
Loan from wife     7,800
Furniture   30,000  
Salaries   6,400  
Sales(Balancing Figure)     90,000
    1,85,300 1,85,300

 

 

Trial Balance | Explanation | Methods | Examples

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

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Vouchers and transactions

Chapter No. 4 – Journal

Chapter No. 5 – Ledger

Chapter No. 6 – Cash Book

Chapter No. 7 – Other Subsidiary Books

Chapter No. 8 – Journal Proper

Chapter No. 9 – Trial Balance 

Chapter No. 10 – Bank Reconciliation Statement

Chapter No. 11 – Depreciation

Chapter No. 12 – Provisions and Reserves 

Chapter No. 13 – Bills of Exchange

Chapter No. 14 – Rectification of Errors 

Chapter No. 15 – Financial Statements – (Without Adjustments)

Chapter No. 16 – Financial Statements – (With Adjustments)

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