Question No 22 Chapter No 11
Miscellaneous Problems
22.From the following details taken from the books of Rajesh Khanna, prepare a trial balance as on 31st March 2019
| Ledger Account | Balance Rs | Ledger Account | Balance Rs |
| Purchases less return | 85,000 | Production expenses | 6,400 |
| Net sales | 1,12,600 | Royalty on production | 2,100 |
| Machinery | 65,000 | Royalty on sale | 2,900 |
| Depreciation on machinery | 9,000 | Brokerage on sales | 3,000 |
| Trade expenses | 15,000 | Investment in shares | 15,000 |
| Livestock | 24,500 | Packing expenses | 1,500 |
| Leasehold premises | 1,00,000 | Capital | 1,86,900 |
| Discount on purchases | 7,000 | Loss on sales of machinery | 7,000 |
| Bills payable | 18,000 | Miscellaneous incomes | 9,400 |
| Legal charges | 9,500 | Dividend receive | 8,000 |
| Deposited with Gautam | 20,000 | Provision of dep. On machinery | 24,000 |
The solution of Question No 22 Chapter No 11: –
| Trail Balance A/c | |||
| Particulars |
J.F. | Debit | Credit |
| Purchases less return | 85,000 | ||
| Net sales | 1,12,600 | ||
| Machinery | 65,000 | ||
| Depreciation on machinery | 9,000 | ||
| Trade expenses | 15,000 | ||
| Livestock | 24,500 | ||
| Leasehold premises | 1,00,000 | ||
| Discount purchases | 7,000 | ||
| Bills payables | 18,000 | ||
| Legal charges | 9,500 | ||
| Deposited with Gautam | 20,000 | ||
| Productive expenses | 6,400 | ||
| Royalty on production | 2,100 | ||
| Royalty on sales | 2,900 | ||
| Brokerage on sales | 3,000 | ||
| Investment in shares | 15,000 | ||
| Packing expenses | 1,500 | ||
| Capital | 1,86,900 | ||
| Loss on sale of machinery | 7,000 | ||
| Miscellaneous incomes | 9,400 | ||
| Dividend received | 8,000 | ||
| Provision for depreciation on machinery | 24,000 | ||
| 3,65,900 | 3,65,900 | ||
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)