Question No 22 Chapter No 11 - USHA Publication 11 Class

Question No 22 Chapter No 11

Table of Contents

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