Question No 24 Chapter No 11 – USHA Publication 11 Class

Question No 24 Chapter No 11

Question No 24 Chapter No 11

Miscellaneous Problems

24.From the following balances extracted from the books of George Shaw as on 31st March,2017.prepare a trial balance

Ledger Account  Balance Rs Ledger Account  Balance Rs
Equipment 1,20,000 Sales ledger 24,500
Loose tools 14,000 Software 10,000
Apprentice premium 18,000 Capital 1,37,700
Advance from customers 35,800 Drawings 45,000
Donation 4,200 Interest on advance received 1,200
Short term advance 21,000 Interest on drawings 2,500
Purchases 65,000 Interest on capital 4,500
Purchases ledger 21,000 Commission received in advance 7,000
Sales 96,000 Claim paid  11,000

 

The solution of Question No 24 Chapter No 11: –  

Trail Balance A/c  
Particulars
J.F. Debit Credit
Equipment   1,20,000  
Loose tools   14,000  
Apprentice premium     18,000
Advances from customers     35,800
Donation   4,200  
Short term advances   21,000  
Purchases   65,000  
Purchases ledger     21,000
Sales     96,000
Sales ledger   24,500  
Software   10,000  
Capital     1,37,700
Drawings   45,000  
Interest on advances received     1,200
Interest on drawings     2,500
Interest on Capital   4,500  
Commission received in advance     7,000
Claims paid   11,000  
    3,19,200 3,19,200

 

 

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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