Question No 19 Chapter No 11 – USHA Publication 11 Class

Question No 19 Chapter No 11

Question No 19 Chapter No 11

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: –  

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

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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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