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 | 52000 | ||
| 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 | |||
| Carriage outward | 500 | 4000 | |
| Commission received | 600 | 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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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
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)