Question No 21 Chapter No 11
When an Obvious Account head is Missing
21.The following balance ere extracted from the ledger accounts of Meenu Hooda as on 31st March,2017.prepare a trial balance
| Ledger Account | Balance Rs | Ledger Account | Balance Rs |
| Stock(1.4.2016) | 37,000 | Wages | 52,000 |
| Drawings | 51,300 | Audit fees | 51,700 |
| Capital | 3,27,000 | Furniture | 40,000 |
| Creditor | 39,000 | Machinery | 30,000 |
| Provision for bad debts | 8,000 | Cash balance | 10,000 |
| Purchases | 8,12,000 | Closing stock | 55,000 |
| Sales | 9,28,000 | Rent outstanding | 18,000 |
| Rent | 20,000 | Prepaid interest | 16,000 |
The solution of Question No 21 Chapter No 11: –
| Trail Balance A/c | |||
| Particulars |
J.F. | Debit | Credit |
| Stock(1.4.2016) | 37,000 | ||
| Drawings | 51,300 | ||
| Capital | 3,27,000 | ||
| Creditors | 39,000 | ||
| Provision for bad debts | 8,000 | ||
| Purchases | 8,12,000 | ||
| Sales | 9,28,000 | ||
| Rent | 20,000 | ||
| Wages | 52,000 | ||
| Audit fees | 51,700 | ||
| Furniture | 40,000 | ||
| Machinery | 30,000 | ||
| Cash balance | 10,000 | ||
| Rent outstanding | 18,000 | ||
| Prepaid interest | 16,000 | ||
| Debtors(Balancing figure) | 2,00,000 | ||
| 13,20,000 | 13,20,000 | ||
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
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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)