Question No 3 Chapter No 13 – T.S. Grewal 11 Class

Question No 3 Chapter No 13
Question No.3 - Chapter No.13- T.S. Grewal +1 Book 2019-Solution-min-min

Question No 3 Chapter No 13

3. Prepare the trail Balance of Ankit as on 31st March 2018. He has omitted to open a capital account :

  Rs   Rs
Bank overdraft 85,000 Purchases 4,45,000
Sale 8,10,000 Cash in hand 8,500
Purchases return 22,500 Creditors  2,15,000
Debtors  4,00,500 Sale return 15,750
wages 96,000 Equipment  25,000
Capital ? Opening Stock 3,00,500

The solution of Question No 3 Chapter No 13: –  

Trail Balance A/c  
Particulars
J.F. Debit Credit
Bank overdraft     85,000
sales     8,10,000
Purchases return     22,500
Debtors   4,00,500  
wages   96,000  
Capital     ?
Purchases   4,45,000  
Cash in hand   8,500  
Creditors     2,15,000
Sale return   15,750  
Equipment   25,000  
Opening stock   3,00,500  
    12,91,250 11,32,500

Capital(balancing Figure) = Debit Side – Credit Side
=12,91,250- 11,32,500
=1,58,750

To understand more about cash book please check out following links: –

Trial Balance | Explanation | Methods | Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

  • Chapter No. 1 – Introduction to Accounting
  • Chapter No. 2 – Basic Accounting Terms
  • Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
  • Chapter No. 4 – Bases of Accounting
  • Chapter No. 5 – Accounting Equation
  • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
  • Goods and Services Tax(GST)
  • Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
  • Chapter No. 8 – Journal
  • Chapter No. 9 – Ledger
  • Chapter No. 10 – Special Purpose Books I – Cash Book
  • Chapter No. 11 – Special Purpose Books II – Other Books
  • Chapter No. 12 – Bank Reconciliation Statement
  • Chapter No. 13 – Trial Balance
  • Chapter No. 14 – Depreciation
  • Chapter No. 15 – Provisions and Reserves
  • Chapter No. 16 – Accounting for Bills of Exchange
  • Chapter No. 17 – Rectification of Errors
  • Chapter No. 18 – Financial Statements of Sole Proprietorship
  • Chapter No. 19 – Adjustments in preparation of Financial Statements
  • Chapter No. 20 – Accounts from incomplete Records – Single Entry System
  • Chapter No. 21 – Computers in Accounting
  • Chapter No. 22 – Accounting Software – Tally
  • Chapter No. 5 – Accounting Equation
  • Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
  • Goods and Services Tax(GST)
  • Chapter No. 8 – Journal
  • Chapter No. 9 – Ledger
  • Chapter No. 10 – Special Purpose Books I – Cash Book

Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication

Advertisement-X

T.S. Grewal's Double Entry Book Keeping

T.S. Grewal’s Double Entry Book Keeping

Advertisement

Crazy Pachinko bonusstatistiky Crazy TimeCrazy Time live ItaliaCoin Flip Crazy Timehur spelar man Crazy TimeRoyal Reels casinoCrazy Time strategies UKATG App Sverige
error: Content is protected !!