Advertisement
Question No 19 Chapter No 11
Advertisement
When an Obvious Account head is Missing
19. The following balance is extracted from the books of Savita Sarhar as on 31st March 2018
| Ledger Account | Balance Rs | Ledger Account | Balance Rs |
| Freehold building | 27,500 | Discount received | 7,630 |
| Plant & machinery | 13,320 | Discount allowed | 8,240 |
| Stock(1.4.2017) | 41,730 | Furniture | 11,920 |
| Sales | 2,07,830 | Capital | 96,590 |
| Carriage | 4,780 | General Expenses | 13,380 |
| Bad debts | 2,250 | Bank | 18,740 |
| Wages | 12,270 | Rates and taxes | 1,880 |
| Debtors | 54,450 | Drawing | 18,550 |
| Creditor | 24,290 | Stock(31.3.2019) | 44,000 |
The solution of Question No 19 Chapter No 11: –
Advertisement-X
| Trail Balance A/c | |||
| Particulars | J.F. | Debit | Credit |
| Freehold Building | 27,500 | ||
| Plant & machinery | 13,320 | ||
| Stock(1.4.2017) | 41,730 | ||
| Sales | 2,07,830 | ||
| Carriage | 4,780 | ||
| Bad debts | 2,250 | ||
| Wages | 12,270 | ||
| Debtors | 54,450 | ||
| Creditor | 24,290 | ||
| Discount received | 7,680 | ||
| Discount allowed | 8,240 | ||
| Furniture | 11,920 | ||
| Capital | 96,590 | ||
| General expenses | 13,380 | ||
| Bank | 18,740 | ||
| Rates & taxes | 1,880 | ||
| Drawings | 18,550 | ||
| Purchases (Balancing figure) | 1,07,330 | ||
| 1,85,300 | 1,85,300 | ||
Trial Balance | Explanation | Methods | Examples
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of all Chapters: –
Advertisement-X
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)
Advertisement-X
Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Advertisement-X
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)
Advertisement-X
Advertisement-Y